Bernie Metz, 57, former CEO of the Center Valley Federal Credit Union, will have to repay the NCUA over $4.65 million dollars and pay $200,000 to a local organization in Ohio as part of her sentence for embezzlement.
Bernie Metz, 57, former CEO of Center Valley Federal Credit Union, will have to repay NCUA over $4.65 million and pay $200,000 to a local organization in Ohio as part of her sentence for embezzlement.
The majority of NCUA employees, who are covered by a collective bargaining agreement, will receive pay increases, despite a federal pay freeze.
A bipartisan consensus of economists has told us repeatedly that one of the keys to creating jobs is increasing small businesses' access to loans. Yet while the economy is inching
The Texas Credit Union League is rolling out this week a series of "Congressional Thank You Ads" recognizing lawmakers who support the industry position on a range of issues from business lending to card interchange.
CUNA CEO Bill Cheney wrote a piece that has appeared in the Aug. 12 Huffington Post attacking banks for holding back the the MBL bill.
A controversial study from researchers affiliated with the Federal Reserve Bank of Boston suggests that lower income consumers who generally use more cash and debit cards subsidize the credit card use and rewards of wealthier consumers.
Given the economic climate over the last two to three years, a number of credit unions have had to seriously consider laying off employees, and some have actually done so. But for many credit unions, layoffs are a last resort.
A new report from the National Consumer Law Center suggests that the push to have more social security benefits deposited directly in recipients accounts has made those recipients vulnerable to payday lending.
When Wachovia Bank agreed to a settlement with the U.S. government, it became the financial institution with the unfortunate distinction of having paid the largest penalty, $160 million, for a violation of the Bank Secrecy Act.