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Credit Union News

PenFed Opens First Full-Service Nebraska Branch

CU Times - Tue, 08/23/2016 - 6:40pm
The $20.1B credit union has more than 500 employees serving at two facilities in Omaha, Neb.
Categories: Credit Union News

Louisiana Floods Hit About 200 Credit Union Employees

CU Times - Tue, 08/23/2016 - 4:36pm
The Louisiana league releases numbers on the flood’s damage plus launches a campaign to raise funds.
Categories: Credit Union News

NCUA Warns of Text Phishing Scam

CU Times - Tue, 08/23/2016 - 2:59pm
The agency issues an alert after discovering someone posing as the NCUA has been texting/phishing consumers.
Categories: Credit Union News

LAFCU, Georgia United, Others Hire New Talent

CU Times - Tue, 08/23/2016 - 11:43am
Eight credit unions announce staff additions and promotions.
Categories: Credit Union News

NAFCU Appeals to Congress for Reg Relief Following CFPB Rebuff

CU Times - Mon, 08/22/2016 - 8:07pm
NAFCU believes the CFPB is placing undue burden on credit unions and association leaders are appealing to Congress for help.
Categories: Credit Union News

Lending Manager Sentenced

CU Times - Mon, 08/22/2016 - 4:55pm
A former lending manager for Federal Credit union in Windsor Locks, Conn., is sentenced to 21 months in federal prison.
Categories: Credit Union News

Making the Most of Mobile Revenue Generation

CU Times - Mon, 08/22/2016 - 12:20pm
Experts say credit unions need to challenge "disruptors" by providing mobile products and services for revenue generation.
Categories: Credit Union News

Lawyer to Withdraw from Embezzling CEO Lawsuit

CU Times - Mon, 08/22/2016 - 10:55am
Attorney withdraws his representation of former New York credit union CEO who is facing sentencing for fraud.
Categories: Credit Union News

New Members to Credit Union Advisory Council: CFPB

CU Times - Mon, 08/22/2016 - 10:22am
CFPB announces eight new members to its Credit Union Advisory Council to add perspective for future policy work.
Categories: Credit Union News

Cordray Tells Senators CFPB Already Tailors Rules for Small FIs

CU Times - Mon, 08/22/2016 - 8:50am
CFPB director, Richard Cordray reminds senators, "community banks and credit unions did not cause the financial crisis.”
Categories: Credit Union News

CFPB Should Exempt Credit Unions From Arbitration Rules

CU Times - Sun, 08/21/2016 - 4:25pm
The CFPB says credit unions should be exempt from arbitration agreements due to the unique relationship CUs have with members.
Categories: Credit Union News

Identity Fraud By the Numbers: Infographic

CU Times - Sat, 08/20/2016 - 11:00pm
Javelin report explores Identity fraud in 2015.
Categories: Credit Union News

Credit Unions Award Summer 2016 Scholarships

CU Times - Sat, 08/20/2016 - 11:00pm
Credit unions across the nation announce scholarship awards that will help many young adults reach their goal of earning their college degrees.
Categories: Credit Union News

Louisiana League Launches #LACUStrong SM Campaign to Aid Flood Victims

CU Times - Fri, 08/19/2016 - 4:44pm
What one credit union league is doing to help CU employees affected by the devastating floods in Louisiana.
Categories: Credit Union News

Eddie Bauer North American Breach Could Affect Six Months of Card Data

CU Times - Fri, 08/19/2016 - 12:16pm
Malware attack on Eddie Bauer registers might have captured credit card information for the past six months.
Categories: Credit Union News

Former Credit Union CEO Sentenced for Embezzlement

CU Times - Fri, 08/19/2016 - 10:49am
Former president/CEO of Toledo Metro FCU, C. Robert Poore, has been sentenced to two years in federal prison for embezzling more than $250,000.
Categories: Credit Union News

Beazley Expert Slated for Virtual Cybersecurity Conference

CU Times - Thu, 08/18/2016 - 5:20pm
Privacy breach expert Alex Ricardo discusses the biggest data breach threats facing credit unions.
Categories: Credit Union News

Michigan Credit Union Conserved

CU Times - Thu, 08/18/2016 - 1:27pm
Michigan-based Valley State Credit Union has been placed into conservatorship by the Michigan Department of Insurance and Financial Services.
Categories: Credit Union News

Former Head Teller Pleads Guilty to Embezzlement

CU Times - Thu, 08/18/2016 - 11:19am
Former Bear Paw CU head teller Peggy S. Teel embezzles almost $130,000 from the credit union over nine years.
Categories: Credit Union News

Appeals Court Revives NCUA Suit Against Wachovia, Nomura

CU Times - Thu, 08/18/2016 - 8:22am
Court of Appeals overturns lower court ruling which now allows NCUA's 2011 lawsuit against Wachovia and Nomura to proceed.
Categories: Credit Union News

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