The former assistant manager of the $40 million Wilkes-Barre City Employees Federal Credit Union and a police officer approached individuals to use their name to apply for loans, and then refinanced those loans or added debt to them without the individual's knowledge, according to federal indictments.
The former assistant manager and four members of the $40M Wilkes-Barre City Employees FCU plead not guilty to a straw loan scheme.
Experts say credit unions must focus more on the MRM big picture and less on the software's technology.
Credit unions pump up loan balances by promoting credit card balance transfer offers.
What would Henry Ford think of credit union call center reps, who can't afford the loans they're selling to members?
CU Times Trailblazer Award Winners share how they've cultivated sales cultures in their shops.
Good apps are key to credit union survival, as the post-PC era dawns.
Good apps are key to survival, as the post-PC era dawns.
State Employees' Credit Union teams up with the Center for Responsible Lending to help members avoid expensive car dealer add-ons.
State Employees' Credit Union and the Center for Responsible Lending will educate members on avoiding auto dealer add-ons and overpriced financing.