Vincas Urbaitis, a former board director of the now-shuttered Taupa Lithuanian Credit Union, said he has been doing a lot of thinking lately about how he and six board members were double-crossed by Alex R. Spirikaitis, their former CEO.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
As many as 30 credit unions in West Virginia and Ohio have been scrambling to establish new correspondent vendors after a regional and national bank terminated their accounts over the past few weeks.
Huntington, JPMorgan Chase closed accounts at up to 30 West Virginia, Ohio credit unions, their corporates say.
Corporates say they're ready; NAFCU's Becker says FOI request sent to NCUA to find out more.
Merging corporates complete series of town hall meetings, planning virtual session next week.
Which way to the exits?
Ohio-based corporate pledges $604,533 as deadline arrives for commitments.
The popularity of Sallie Mae’s Smart Option Student Loan referral program has increased significantly among credit unions since its inception. About 500 credit unions are now participating in the program, which allows them to refer members to student loans that are underwritten, funded and serviced by Sallie Mae and earn...
Jeep Country Federal Credit Union of Holland, Ohio, has become the 100th to sign on with the Smart Option Student Loan referral program offered by Corporate One Federal Credit Union since June through Sallie Mae.