Credit unions should consider the quantifiable aftershock of a damaged reputation
Experts say new threats face credit unions this year when it comes to fraud and theft.
GoBankingRates.com selected these institutions for their extra effort.
A former credit union manager pleaded guilty in U.S. District Court in Topeka, Kan., on June 17, admitting she embezzled $93,500 from the $1.5 million Jayhawk Federal Credit Union in Lawrence, Kan.
It was more than five years ago – March 2009 – when the NCUA seized WesCorp and U.S. Central, and thus began a shakeup that would completely redraw the map of corporate credit unions and their spokes. That story has been told, extensively, in CU Times.
While economists predict big loan gains this year, credit union leaders remain cautious.
Catch up with three former corporate leaders: Thomas Bonds, Francois Henriquez and Brian Hague.
The latest CU Times Sharper Pencil article looks at projections credit union lending will grow almost 10% this year.
Former Jayhawk FCU manager Karolyn Stattelman pleads guilty to stealing $93.5K and helping teller steal $81K.
The former manager of the $1.5M Kansas credit union and a teller stand accused of stealing $174,000.