The NCUA accuses DB of failing to meet trustee obligations when it sold bad securities to failed corporates.
Credit Union Service Provider system allows free search of registered vendors.
Independent firm KPMG tracks deposits at the $29 billion State Employees’ Credit Union from 2002 to 2014.
Regulator says proposed interest rate risk rule likely to come in the first half of 2015.
Company is in the process of testing and certifying issuer processors that support more than 1,000 credit unions.
Two employees to pay combined restitution of nearly $775,000.
Strong internal controls are just one source of prevention.
It’s not wise to put faith in one credit union over another.
From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
Several credit unions plan to finalize their consolidation plans this quarter and early next year.