Credit unions saw 16% of their cards hit by fraud in 2013, compared to 12% for community banks and 14% for large banks.
The $183 million Aspire Federal Credit Union in Clark, N.J., hired Joseph Riccardo as its first chief information officer. Riccardo's hiring follows the credit union's decision to convert to the Corelation KeyStone core processing platform next year, Aspire said. Riccardo has more than 30 years of financial and technology experience,...
The NCUA approved 32 mergers in April; 21 cited a desire to expand services.
Of the nine prohibition orders issued last month by the NCUA, three were former employees of the $65 million Valley Credit Union in Tuscumbia, Ala.
Today's new and soon-to-be retirees are deeper in debt than previous generations.
The $2.4 billion Service Credit Union of Portsmouth, N.H., opened its 42nd branch. The Tilton branch is the credit union's 25th in New Hampshire and 12th in-store branch and is its first in Belknap County. It's located inside a Wal-Mart on Sherwood Drive.
The $1.1 billion Jeanne D’Arc Credit Union in Lowell, Mass, hired Matthew Bernard as assistant vice president for network operations. He has more than 15 years of experience in the technology industry and was awarded two Purple Stars for wounds he received in combat while serving as an infantryman in...
Joe Walsh promoted from within in Massachusetts, and other industry career news.
House committee approves a bill that would allow tax-free charitable contributions up to $100,000 from IRAs.
Read about new hires, promotions, retirement announcement and other career milestones from the credit union industry.