NOT FOR REPRINT
Page Printed from: cutimes.com/news/
Sign In To follow
Some credit unions decide to shut down branches while others remain open.
Fed report shows credit unions making meager, below-average portfolio gains for both major consumer loan categories.
The OIG determined the loss accumulated over 26 years because of financial statement fraud perpetrated by the former CFO but not for his personal gain.
Smith will become the third CEO in the credit union’s history.
Credit union operations are being affected by intermittent power outages, evacuations and emergency alerts.
The scheme’s alleged ringleader, Kevon Northover, is charged and ordered to be held in custody without bail.
The organizations file an amicus brief supporting a lawsuit filed by America’s CUs and others last month.
Four priorities highlighted include credit risks and cybersecurity.
It is the first credit union in the state to launch the Federal Reserve’s FedNow service.
Members voted on nine consolidations from Dec. 23 to Dec. 31, up from seven last year, six in 2022 and 2021, and five in 2020.