Former employee of liquidated Parsons-Pittsburg Credit Union cites millions in gambling, court documents say.
New technology is thought to be as accurate in identifying individuals as iris scans and is making a European debut in Poland
The $18M Detroit credit union can't recover from big adjustments to financial reports in Q42013.
An FBI lead investigator suggests credit unions step up efforts to prevent fake online account openings.
Svetislav Vujovic is convicted on 13 counts for his role in a fraud scheme that cost the NCUSIF $186M.
DFI officials are investigating irregularities at the $28M Oshkosh Central CU. Two employees have been suspended.
Priority One Credit Union says 12 fraudulent cashier's checks have been presented in the last four days.
Stripped of its veneer, this is a risk management issue, says a Chicago-based financial services attorney.
The $252M Widget Financial FCU helps the FBI bust a five-person ring that stole $10 million over nine years.
Website operators tell CU Times they were not aware of founder's arrest.