A jury has ruled that Michigan First Credit Union was entitled to $5 million in damages from CUMIS Insurance Society Inc. in a case involving a wrongful denial of a fidelity bond claim.
Credit union auto buying service Autoland Inc. said it is back in good standing after the Oregon Department of Consumer and Business Services issued an enforcement action against the firm for operating without a license.
Autoland Inc. said it discovered an administrative error in a mid-2009 operational audit that prompted it to contact the Oregon Department of Consumer and Business Services Insurance Division about a license lapse.
The credit union system has long touted the merits of collaboration and cooperation. As clich?d and overused as the idea may have become, collaboration will continue to be
Hanscom Federal Credit Union, Hansom, Mass., announced that Kevin Reagan has been named assistant vice president of mortgage operations.
Hudson River Community Credit Union, Corinth, N.Y., announced that CEO Susan Commanda will serve a one-year term on the Community Credit Union Committee.