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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Founders FCU names Keith Wilson as president while Brumfield will continue to serve as CEO until the end of the year.
Buckholts State Bank claims Navy Federal has inadequate Know Your Customer Procedures.
Court filings show Eric Stash allegedly stole more than $240,000 from San Juan Federal Credit Union.
The federal agency conserves Butler Heritage FCU for unsafe and unsound practices.
California Credit Union League opens disaster grants to aid credit union employees and board members with immediate financial needs.
After announcing a “pre-agreement,” Launch CU and Community CU later realize their unique needs and priorities didn’t fully align.
Some credit unions decide to shut down branches while others remain open.
The OIG determines the loss accumulated over 26 years because of financial statement fraud perpetrated by the former CFO, but not for his personal gain.
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.