WASHINGTON—NCUA board debates new corporate standards, association FOM rules.
The agency's risk management director discusses post-Taupa examination procedures.
Experts say SchoolsFirst VP David Lugo's brazen $2.6 million computer heist exposes industry-wide gaps in IT controls.
The $3.2 billion Visions Credit Union in Endwell, N.Y., said Teresa Flynn has earned the Chartered Retirement Planning Counselor designation from the College for Financial Planning.
San Diego County CU hires two new SVPs; read other new hire, promotion and retirement announcements from this week.
The former board president of the $23.6 million Taupa Lithuanian Credit Union disputed statements made by another former board member to Credit Union Times, and provided new details about the failed credit union’s governance.
Taupa Lithuanian board president says fugitive CEO did not dupe board members, who received clean reports from auditors and examiners.
Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
The completely unscientific poll found that the majority of respondents appreciated the heads up.