The unsettling headlines pile up. In Grand Rapids, Mich., a former assistant branch manager at Case Credit Union pleaded guilty to embezzling $236,000 over a span of nearly two years.
CUSC said planned addition of the $60 million North Orange County CU would bring assets to $670 million after two others approved.
Reports out of Southern California credit unions and from CUNA point to a successful Bank Transfer Day in that state.
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
"The Communicator" could easily be a code name for Teresa Freeborn, president/CEO of El Segundo, Calif.-based Xceed Financial Credit Union.
Texas online banker adds 10 more CUs to its list of credit union clients.
Southern California Postal CU of Long Beach takes over; both CUs covered by American Share Insurance.
The nation’s second largest mega-merger, that of the $4.7 billion California pairing of Kinecta FCU and NuVision FCU, moved a step closer this month with a formal application filed with the NCUA.
Consolidation of Southern California CUs would be the second mega-merger on West Coast in past year.
A pair of California credit unions will soon convert to the CU*BASE core processing system through CU*Northwest, the credit unions and company said.