Space Coast Credit Union in Melbourne

• SEC Enforcement Action Penalties: $1.5 Billion and Counting

  By Michelle A. Samaad  |  April 9, 2013

  Agency posts list of actions against securities firms since financial crisis began.

• Auto Lending Scams Grow, Prompt Alerts

  By Michelle A. Samaad  |  March 27, 2013

  A Lexus dealership, sun-soaked Miami Beach, a rogue police officer and nearly a dozen criminal accomplices. It might sound like the early sketches of a Hollywood action film, but the setting and characters are real.

• Florida Auto Lease Ring Scams Credit Unions Out of $500,000

  By Michelle A. Samaad  |  September 11, 2012

  Several credit unions were the alleged victims of an auto lease theft ring that involved a Miami Beach, Fla., police officer and nine other persons.

• Space Coast Dismissed from Sperry Associates FCU Loan Participation Suit

  By Michelle A. Samaad  |  July 9, 2012

  Federal court says not enough merit to proceed in case over participation loan losses.

• Eastern Financial Knew the CDO Risks, Says Wall Street

  By Michelle A. Samaad  |  May 29, 2012

  Several Wall Street banks and credit rating agencies are claiming that the former Eastern Financial Florida Credit Union knew the risks going in before investing in $100 million in collateralized debt obligations.

• Florida Business Lending CUSO Shuts Down?

  By Michelle A. Samaad  |  August 25, 2010

  The website and phone number for CU Business Capital LLC, which was owned by Eastern Financial Florida Credit Union, are both inoperable in light of a loan participation lawsuit.

• PEOPLE

  April 7, 2010

  Minnesota Credit Union Network, Washington, announced that Mark D. Cummins, president/CEO