Despite a new state law in Colorado legalizing recreational use, credit unions still worry marijuana business accounts will run afoul of federal regulations.
Read more about fraud and credit unions in this special report.
William J. Memmer accused of stealing $1.8M and understating assets by $5.7M, causing failure of $15.5M GICFCU.
In 2012, 1/5 of all fraud cases caused at least $1M in losses. Average employee fraud schemes lasted 18 months and caused $140K median loss.
There are a number of steps a credit union can take to minimize the risk of internal fraud and maximize the potential to quickly uncover it.
The nomination deadline for the ninth-annual Credit Union Times Trailblazer Awards has been extended to Friday, Jan. 17.
The $211 million Alabama State Employees Credit Union is the first financial institution to sue Target seeking breach losses.
CFPB Director reassures Realtors credit unions can still make mortgage loans that don't conform to the bureau's qualified mortgage rule, which took effect Jan. 10.
Cloud-based platform stores, manages contracts, increases due diligence.
Don’t look to Tammy Gallegos to ever toss up her hands and give up. For the vice president of marketing, communications and service quality at America First Credit Union in Riverdale, Utah, there is always a solution.
Dynamic knowledge databases extend search power across the enterprise.
The National Retail Federation has filed its expected appeal of the court decision that locked in a settlement of long-standing retailer complaints about credit card interchange.
A rundown of credit union charitable giving.
As mobile banking goes mainstream, credit unions should adjust security standards so access is on par with brick and mortar.
As the nation slowly thaws out after brutally cold weather, credit unions may continue to see a bit of a freeze when it comes to deposit growth this year.
In 1990, there were five credit unions with more than a billion dollars in assets. In 2013, there were 207. Trends like that are ignored at their own risk.
Big banks with great locations have failed and required bailouts, while credit unions run out of the backs of churches have been doing fine for decades.
To presume that all CUs can afford a commercial retail space reveals the disconnect between NCUA perception and reality.
Every credit union needs a place to start. It cannot always be in a commercial building.
Education is a start, but members need help changing behavior.
Strategic plans are designed to affect all areas of the credit union and they require cooperation between departments.
NCUA Board hopeful Mark McWatters was included on a list of 10 nominees President Barack Obama sent to the Senate for confirmation consideration.
Jenny Champagne, vice president of regulatory and government relations at NASCUS, will leave the as-sociation after more than 15 years on the management team to enter the teaching field.
The $57 million, 8,600-member Ascension Credit Union in Gonzales, La., plans to convert its core processing this year to the iPower platform from EPL Inc. of Birmingham, Ala., the CUSO and credit union said.
The $34.6 million Ace Community Credit Union in Ames, Iowa, intends to merge into the $389 million Community Choice Credit Union in Johnston, Iowa.
Driven by an increase in credit union partnerships, Dealertrack Technologies said the number of active lenders connected to its Dealertrack Credit Application Network now exceeds 1,400.