Move comes after Palmetto Health Credit Union experienced financial losses tied to transactions in several states.
Latest charges allege Ohio men embezzled $1.9 million that led to the credit union’s collapse.
Stephen Pleger succeeds Mike Wettrich, who will become president/CEO of Education First Credit Union in Ohio.
After taking Commodore Perry FCU's exam appeal all the way to the NCUA board, Thomas Renz now has his sights set on risk-based capital.
The $416 million Vermont Federal Credit Union in Burlington, Vt., promoted Kevin Parish to branch manager of the Burlington Branch. He joined Vermont Federal in 2013 and has more than 12 years of financial services and lending experience.
New charges from federal prosecutors include conspiracy to commit bank fraud, money laundering and making false statements.
Read about the latest new hires, promotions, retirement announcements and other career milestones in this week's edition of People.
Bensenville Community CU volunteers accuse ASI, state regulators and its acquiring credit union of conflict of interest and cronyism.
Unity One Credit Union's new Spank Free banking campaign is taking a no-holds-barred approach against banks.
Credit unions pump up loan balances by promoting credit card balance transfer offers.