Dave Lugo sentenced for embezzling millions from the credit union to buy and sell computer equipment.
CU Wallet, the mobile payments CUSO owned by some 80 credit unions, is on track to go live as early as April.
Compared to other $10B+ cooperatives, the Vienna, Va.-based credit union tops the list for fee income.
Find out which of the nation's five largest credit unions support making their results public.
The nation's five largest credit unions debate whether their stress test results should be made public.
It was George E.P. Box, the eminent statistician, who said, “Essentially, all models are wrong but some are useful.”
Internal fraud as the largest source of credit union losses is nothing new.
Strong internal controls are just one source of prevention.
Golden State credit union leaders gather in Los Angeles this week for their league's annual meeting and convention.
Experts say SchoolsFirst VP David Lugo's brazen $2.6 million computer heist exposes industry-wide gaps in IT controls.