Jenny Nishida receives 13 months in prison for her theft of nearly $360,000.
Security expert tells CU Times JPMorgan and others fail to invest in enough technology to protect against system access.
The former assistant manager of the $40 million Wilkes-Barre City Employees Federal Credit Union and a police officer approached individuals to use their name to apply for loans, and then refinanced those loans or added debt to them without the individual's knowledge, according to federal indictments.
FBI agent tells CU Times he's never seen a case where three employees independently stole from the same institution without collusion.
The former assistant manager and four members of the $40M Wilkes-Barre City Employees FCU plead not guilty to a straw loan scheme.
Two city police officers are among the members accused of defrauding the $40 million Wilkes-Barre City Employees FCU in Pennsylvania.
Could federal government privacy violations eventually spread to credit unions? How do you know they haven't already?
The $232 million Pantex FCU takes a proactive approach, informing members and the press about the investigation.
Oshkosh Central Credit Union files a civil suit to prevent the sale of allegedly ill-gotten gains by a fired bookeeper.
Experts say new threats face credit unions this year when it comes to fraud and theft.