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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
The CU is the first corporate credit union to become a direct member of the organization that manages the ACH network.
Meaghan Brooks allegedly steals more than $76,000 from a mobile ATM; Gabriel Finklestein siphons $46,000 from member accounts.
Check fraud reports filed by credit unions and banks reach more than 680,000 in 2022, up from 350,000 in 2021.
Labor union also files a second unfair labor practice charge involving the termination of an assistant branch manager.
The agency claims Alan Kaufman and Mitchell Reiver committed financial improprieties that led to millions in losses.
Private equity firm says the former CEO will focus on fintech investments that serve the needs of credit unions and CUSOs.
Nacoe Ray Brown, who was released from prison after committing a string of bank robberies in 2001, faces up to 23 years.
Lisa Florian takes over the helm on April 1 as the credit union's first female leader, succeeding Ron Celaschi.
United States Senate FCU also expects to launch new solutions to support members who overdraw their accounts.
The NCUA approves 35 mergers in Q4 for a total of 181 consolidations approved in 2022, up from 161 in 2021.