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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Valley First CU agrees to pay $120,000 and denies allegations it violated federal and state civil rights of 48 individuals.
He will succeed Debra Schwartz, who bids farewell in March 2024.
Truliant FCU says the workforce reduction will address overstaffing in areas where headcount grew rapidly in recent years.
The new CU's goal is to deliver financial services to an area where more than one in four residents don't use a federally-insured financial institution regularly.
AEA FCU's proposed purchase of West Valley National Bank would expand its market into the Phoenix region and Nevada.
The total number of consolidations during the first three quarters of the year is substantially lower than in 2022.
She will succeed Jim Spradlin, who will retire in December after 28 years of service.
Leah Lehman and Teresa Paulo sign plea deals that provide details about how they concealed their theft.
Reshma Massarone, who worked as a branch manager at a N.Y. credit union, has been denied bond by the court.
The new report also finds a CEO of a CU is over five times more likely to be a woman than a CEO of a bank is.