The $5 billion America First Credit Union of Ogden, Utah is mourning the loss of its former chairman, Richard Miller, and two of its former directors.
Suspect used stolen bank card and driver's license; $14,000 reported removed from America First CU account.
Some industry sources are privately pointing to the weekend conservatorship of the $139 million Family first FCU of Orem, Utah as signaling perhaps a new NCUA policy of protecting the NCUSIF as it bypassed big CUs as a merger suitor.
Perhaps reflecting their primary roles as savings institutions, four credit unions were among the top fifty receivers of payments through the Automated Clearing House system, according to the Electronic Payments Coalition.
Four credit unions are among the top 50 U.S. financial institutions that receive money through the Automated Clearing House system, according to the Electronic Payments Association.