How do state income tax rates affect credit unions?
A U.S. District Court judge in Alexandria, Va., sentenced Timothy J. Coughlin, 63, of Indianapolis to more than seven years in federal prison the week of Oct. 20 for embezzling $10 million through a fake credit union.
Learn why some states lag behind in jobs and how credit unions there are coping.
Timothy J. Coughlin embezzles $10 million through a bogus credit union, receives seven-year sentence.
Compared to the second quarter of 2013, membership declined at 54% of the nation's credit unions in the second quarter of this year, according to the NCUA.
Credit unions in New Jersey have the lowest drop, Alaska has the highest growth in membership.
Credit unions fare the worst compared to other lenders in 30-day and 60-day delinquency increases.
Francois Verleysen, from Bank-Fund Staff FCU, will replace the retiring Dan Stake.
While the Urban Institute calls the statistic alarming, it says the ratio is not a new trend.
California, New Jersey and the Maryland-DC leagues planning a new CUSO.