Second Federal Credit Union opened its doors in Chicago Sept. 21, assuming the footprint of a 130-year old failed thrift.
The NCUA and other federal agencies said Sept. 24 that reporting suspected elder financial abuse does not generally violate privacy law.
Organization says it has raised about $3,500 toward goal of nearly $1 million.
NCUA joins fellow agencies in issuing guidance under Gramm-Leach-Bliley that allows financial institutions to report suspected fraud against elderly.
More details about the opening of Second Federal Credit Union in Chicago have come to light.
Governor, attorney general, NCUA Board member welcome re-opening of a small banking office that has served Chicago neighborhood for 130-plus years.
Residents of Southwest Chicago will have a chance Saturday to witness the opening a credit union which is taking the place of a failed thrift.
The $776 million St. Mary’s Bank of Manchester, N.H., recently named Nancy Boilard its indirect business development officer. Boilard will work to increase the nation’s first credit union’s indirect lending portfolio, developing new contacts and maintaining current relationships with participating dealers. Boilard most recently was indirect lending manager at the...
As of the morning of its initial announcement, the group had raised just more than $1,000, according to its website.
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