A community development banking listserv with more than 4,000 subscribers has a new manager as its founder moves to the NCUA.
David Addison, the former president/CEO of the troubled Texans Credit Union, has resurfaced.
LinkedIn profile lists Addison as CEO, sole employee of Aberdeen Capital Holdings Inc.
Web security firm says 68 of 100 tech-savvy subjects followed links about new job alerts to potentially infected website.
Even people who know better fell victim to a social engineering test conducted by Trusteer, the company says.
Terrie Mavros, electronic marketing specialist at a New Hampshire credit union, found that a complaint on Facebook created an opportunity for some positive public relations.
Expansion into new areas like business services and new channels like P2P and mobile present new opportunities for credit unions and fraudsters alike.
Credit unions and social media seem to be made for each other, which is both a good thing and maybe not so much.
While it may be unclear if the two are connected, some financial advisers that use social media professionally are seeing higher revenue growth and larger client bases compared to advisers that do not use the network channels.
The very things that make social media so popular also make them a potential problem for credit unions, their members and those in charge of fighting fraud.