In a stroke of good luck, Community First CU's new branch will open as planned, replacing another that is closed due to earthquake damage.
Concerns about the financial viability of Oshkosh Central Credit Union and the revelation that more than $1.7 million was missing from its vault, Wisconsin regulators approved July 30 the merger of the Oshkosh-based $28.2 million credit union with the $2 billion Community One Credit Union in Appleton, Wis.
Oshkosh Central Credit Union files a civil suit to prevent the sale of allegedly ill-gotten gains by a fired bookeeper.
Mark Patchak, president/CEO of the $28.6 million Oshkosh Central Credit Union, was one of two employees suspended while the state investigates what it calls “substantial irregularities” at the Wisconsin credit union.
CEO Mark Patchak suspended as Wisconsin authorities investigate substantial irregularities at the $28.6M credit union.
The Internal Revenue Service's recent publication on UBITs represents far more than tax refunds to credit unions.
San Diego County CU hires two new SVPs; read other new hire, promotion and retirement announcements from this week.
The federal regulator approved just 17 mergers in November 2013, lower than previous months and the 23 approved in November 2012.
The brutally honest feedback from a recently assembled focus group of small business owners revealed most of them won’t even consider aligning with a financial institution if there isn’t a robust suite of online banking and technology services.
Credit unions advised to "step it up a notch or two" to serve small businesses.