A former credit union employee pleaded guilty to bank fraud in U.S. District Court in Albuquerque, N.M., the week of Oct. 20 and admitted to using members’ accounts to pay debts and place a down payment on a house.
Louisa Gabaldon pleads guilty to withdrawing $118,000 from accounts at Belen Railroad Employees Credit Union.
Examiners and impossible due diligence requirements blamed for closure of state-legal marijuana business accounts.
Man who sold bogus certificates through a fake credit union must pay restitution and a civil penalty.
The Obama Administration honored an educator with the Albuquerque, N.M.-based New Mexico Educators Federal Credit Union for her innovative work to provide financial education and job training to Latino students.
New Mexico Educators FCU AVP of Community Relations Shana Runck recognized for developing financial services career curriculum.
The public is invited to attend the Oct. 1 event.
Credit unions fare the worst compared to other lenders in 30-day and 60-day delinquency increases.
From Delaware to New Mexico, learn about average student loan balances and which credit unions are active in student lending.
New CUSO promises greater precision in risk forecasting for both credit unions and community banks.