Linda Sweet, president and CEO of the $56 million Big Valley Federal Credit Union in Sacramento, Calif., told Congress Dec. 3 the declining number of credit unions in the U.S. is partly due to the mounting compliance burden coming from the federal government.
R Street Institute pundit says NFIP reforms were too modest.
NAFCU witness tells congressional panel that new CFPB rules add to the problem.
CLEVELAND — Michael Ruksenas pleaded guilty Monday as prosecutors note six more arrests to follow in Spirikaitis case.
Trade groups cite modest economic recovery in survey results released Wednesday at National Press Club in Washington.
Monday hearing set for suspect No. 2 in Cleveland CU collapse as court documents reveal cooperation, details of long-running fraud.
Authorities now have permission to sell the million-dollar home of Alex Spirikaitis, the former CEO of the now-shuttered $23.6 million Taupa Lithuanian Credit Union in Cleveland.
Former teller accused of embezzling $480,000 while working for CEO Alex Spirikaitis.
Judge's order clears path for sale of former Taupa Lithuanian CEO's suburban Cleveland property.
As federal tax reform lingers on Capitol Hill, Credit Union Times asked industry experts how the elimination of the credit union tax exemption could impact balance sheets.