Experts say SchoolsFirst VP David Lugo's brazen $2.6 million computer heist exposes industry-wide gaps in IT controls.
Former IT VP steals and resells computer equipment and spends funds on family luxuries.
The $215 million Eagle Community beats nine credit unions to win bragging rights and $5,000 for a charity.
Tom Nix, who sold his family financial services business to Kinecta FCU in 2007, shares details on the deal and his eventual departure.
California credit unions are seeing revived demand for home equity loans and lines of credit.
Higher home prices have brought back demand for home equity products.
Credit unions and examiners often disagree on how to manage interest rate risk.
Merger scheduled to take place on April 1. No Golden West Cities employees will be pink slipped.
Rep. Linda Sanchez, a member of the House Financial Services Committee, expressed her support in an editorial in California league's magazine.
The $512 million, 39,800-member American First Credit Union in La Habra, Calif., has promoted Jon Shigematsu to the position of president/CEO.