Credit unions in Iowa and Nebraska that offered health insurance to members through a failed exchange will not experience any service interruptions, Jim Niederhauser, Iowa Credit Union League vice president of member services, told CU Times.
Many of the financial challenges facing credit unions in 2015 are carrying over from 2014 and earlier.
Read about new hires, promotions, honors, board elections and other credit union career news in this week's People.
Iowa league says all had switched to CUNA Mutual or other providers before exchange failed.
Sources provide conflicting reports regarding CMG's alleged announcement of cuts to CUNA, leagues and other affiliate organizations.
Director of Regulatory Compliance Bill Klewin will be replaced by CUNA Mutual new hire Andrea Stritzke.
More than two dozen credit unions have been hit and some have suffered losses ranging from $100,000 to $400,000 in a home equity line of credit scam, according to Roger Nettie, a senior consultant of risk management at CUNA Mutual Group.
Establishing an effective fraud prevention policy will be among the topics discussed.
CUNA Mutual reports more than a dozen credit unions have suffered losses behind cybercriminals posing as members.
Company warms credit unions to be aware of scams involving home equity lines of credits and wire transfers.