Ken Burns

On the Hook For Nearly Half a Million

By Heather Anderson | April 17, 2013

Final arbitration award documents obtained by Credit Union Times reveal a legal dispute between Ken Burns and the billion-dollar Tech CU, where he formerly served in the corner office.
Tech CU Awarded $494,902 in Dispute With Ex-CEO Ken Burns

By Heather Anderson | April 10, 2013

Arbitrator rules that Burns was negotiating merger with Patelco while serving as Tech CU's CEO.
Patelco Hires New Chief Information Officer, Says DDoS Attacks Not Involved

By Marc Rapport | March 28, 2013

California credit union hires new chief technologist, says DDoS attacks were not a factor.
Ken Burns Exit From Patelco Called ‘Amicable’

By Heather Anderson | March 27, 2013

In an “amicable” decision made between Patelco President/CEO Ken Burns and the $3.9 billion credit union’s board, Burns will resign effective sometime this summer.
Patelco CEO Ken Burns Calls Split Amicable

By Heather Anderson | March 18, 2013

Outgoing CEO, board chair agree that resignation is voluntary; Burns says he seeks new challenge.
CEO Ken Burns Out at Patelco Credit Union

By Heather Anderson | March 18, 2013

Board chairman confirms exit of CEO of four years at $3.9 billion California credit union.
Repeat Attack on Patelco

By Robert McGarvey | March 6, 2013

Patelco has confirmed that on Feb. 25 the large Northern California credit union was down for “around two hours” in a Distributed Denial of Service (DDoS) attack which overwhelms a web host with data, effectively knocking it out of commission.
Patelco Credit Union Hit Again By DDoS Attackers

By Robert McGarvey | February 27, 2013

Credit union CEO says defenses getting better and will continue to improve after two-hour takedown on Monday.
Trailblazer Award: CFO Scott Waite’s Leadership Extends Beyond Patelco

By Heather Anderson | February 27, 2013

The $3.9 billion Patelco Credit Union experienced its most profitable year in the Pleasanton, Calif.-based institution’s 76-year history, with a $55.5 million net profit and 1.48% return on assets. In fact, last year’s earnings were more than the total of $37 million earned from 2005 to 2011 combined.
Nervous Credit Unions Seek Buffers After DDoS Attacks

By Robert McGarvey | February 20, 2013

Call it a frighteningly mixed message. In the last week of January, the al-Qassam Cyber Fighters who had been claiming the Distributed Denial of Service takedowns of some of the nation’s largest financial institutions, turned their sights on credit unions.