Thanks to an alert branch manager and astute IT staffers, the $252M credit union cracked a $10M identity theft case.
The $252M Widget Financial FCU helps the FBI bust a five-person ring that stole $10 million over nine years.
Website operators tell CU Times they were not aware of founder's arrest.
After a 15-year effort, and two cases lost in federal court, the IRS has apparently conceded defeat in the unrelated business income tax battle with credit unions.
SEC says Ponzi scheme targeted 5,000 investors promising high deposit returns.
Industry organizations tell credit unions door is open for seeking refunds after 15-year fight with feds.
The material loss report on the failed Taupa Lithuanian Credit Union reveals red flags back in 2010. The failure cost the NCUSIF $33.5 million.
This opinion piece argues that the Affordable Care Act creates new opportunity for credit unions to sell health savings accounts.
Kathy Thomson, who had been interim CEO after Christopher Johnson's departure, worked her way up from supply clerk.
ACH risks can be confusing and can vary with each type of transaction, according to CUNA Mutual Group.