Steve Renock

• Xceed Financial Settles Overdraft Suit

  By Peter Strozniak  |  July 26, 2012

  California credit union one of seven hit with actions over alleged re-sequencing of debit card transactions.

• Overdraft Fraud Suits Filed Against Seven More CUs

  By Heather Anderson  |  July 2, 2012

  A San Jose, Calif.-based attorney has filed seven class action lawsuits against credit unions, alleging overdraft shenanigans.

• SchoolsFirst, Star One, Kern Schools Face Overdraft Fraud Class Action Lawsuits

  By Heather Anderson  |  June 25, 2012

  The court documents contain the same language used in lawsuits against big banks, allege ordering debit transactions to maximize overdraft fees.

• Kern Schools FCU Chooses Alloya

  By Heather Anderson  |  May 7, 2012

  Kern Schools FCU announced has chosen Alloya Corporate FCU to be its new corporate.

• Kern Schools Chooses Alloya for Corporate Services

  By Heather Anderson  |  May 2, 2012

  California credit union had been with Western Bridge.

• Kern Schools FCU’s Financials Shine

  By Natasha Chilingerian  |  February 20, 2012

  After a net loss of $12.8 million in 2010, the $1.2 billion Kern Schools Federal Credit Union in Bakersfield, Calif., declared 2011 its best year for financial performance since 2007. The CU announced a net income of $22.4 million for 2011 and a net worth ratio that jumped from 4.31%...

• Kern Schools FCU Turns Red Ink to Black

  By Natasha Chilingerian  |  February 8, 2012

  California CU said its net income was $22.4 million for 2011, an improvement of more than $35 million from 2010.

• Kern Schools Upgrade Brings Outcry, Media Coverage

  By Natasha Chilingerian  |  May 16, 2011

  A system upgrade at the $1.5 billion Kern Schools Federal Credit Union caused frustration for members who said they could neither access their accounts nor reach anyone for help.