Former executives admit to stealing funds at cooperatives in Kansas and Michigan.
Ohio bookkeeper receives 21-month sentence for embezzling $1M from failed credit union.
Former banking executive brings 30 years of financial experience to $508M cooperative.
Pentagon Federal Credit Union subsidiary expands brand with latest acquisition.
The NCUA alleged in a lawsuit that Maria Hernandez, the former CEO of the failed El Paso Federal Credit Union, stole millions to buy homes in Texas, Florida and Nevada, to pay for lavish trips and for gambling.
As November comes to an end, a dozen merger deals were announced or completed in 12 states.
Brian Quinn, assistant vice president for business services at the $857 million Franklin Mint Credit Union in Broomall, Pa., is the first to admit the system he's using to process member business loans is archaic and inefficient.
The idea for Michigan First Credit Union to open its own mortgage CUSO happened by accident.
Prosecutors allege former employee at Heritage Trust FCU used $325,000 to pay for personal credit card bills.
Two men convince 20 members of the $1.4B Royal Credit Union through Facebook to sell their accounts for drug money.