The controversies involving the liquidated St. Paul Croatian Federal Credit Union continue, with a 32-count complaint filed May 21 in U.S. District Court in Cleveland by the NCUA.
Agency seeking more than $18.9 million in fraudulent loans and damages from businessman, wife, father-in-law in Cleveland credit union collapse.
BALTIMORE — Call this the loud message out of NACHA 2012: Financial institutions can choose to innovate. Or to die. And the pressures are higher on community banks and credit unions for a painful reason.
The percentage of payments made by check keeps slipping.
Wake up and smell the hack. “Mobile banking, I would argue, presently, is significantly more secure than is online banking,” said Kevin Travis, a partner with Novantas, a New York-based management consulting firm.
Fraudulent loans led to collapse of Cleveland credit union in 2010.
Anthony Raguz among seven suspects to plead against alleged ringleader in fraud that brought down suburban Cleveland credit union.
Rapid City project part of national effort by League of U.S. Cities.
Follow up Bank Transfer Day with focus on unbanked, underbanked who are most vulnerable to payday lenders, expensive big banks.
New members this week shared their reasons for switching to credit unions in a broadcast on PBS.