Court documents from May revealed the Department of Homeland Security seized nearly $3 million from a business account at the $2.4 billion Veridian Credit Union in Waterloo, Iowa, over what the DHS said was an unlicensed money transmitting business operated by the business member’s client.
Company, credit union make $105,000 commitment to leadership development initiative.
New staffing positions for CU employees.
Iowa credit union adopts new payments platform, says 650 already enrolled.
The $2.2 billion Veridian Credit Union in Waterloo, Iowa, has begun offering Western Union’s global money transfer and bill pay services at its 26 branches.
CU and Dwolla will share passwords.