Jessica Vidal, a former member services representative, and Connie Ortiz, former assistant branch manager, were indicted last week for embezzling more than $51,000 from the $423 million Pima Federal Credit Union in Tucson, Ariz.
Two former CU employees, a wholesale auto vendor and an ID thief face justice.
The NCUA approved 53 credit union mergers in the first quarter of 2014, down from the 71 approved consolidations during last year's first quarter and 62 at the end of the 2012 first quarter.
First quarter merger numbers down from 2013 and 2012's figures.
One announcement is from a credit union that will be first in its market to offer mobile photo credit card account switching.
The $197 million Tobyhanna Federal Credit Union in Scranton, Pa., hired Christopher Bresset as assistant vice president of consumer and indirect lending. He has more than 18 years of financial services experience, most recently with Honesdale National Bank in Honesdale, Pa.
Former Kentucky Corporate CEO Jim Thompson will replace the retiring Huston Reinle at the $102M Kentucky credit union.
For its Small Business Administration lending efforts, Langley Federal Credit Union said it was recently named the top credit union in loan production for its district.
Virginia credit union does $1.35 million SBA loan volume for fiscal year ended Sept. 30.
Mobile app allows financial advisers to manage accounts in the field.