• People

    The $151 million Members First Credit Union in Manchester, N.H., hired Terry Wiegelman as vice president of marketing and sales and Matt Halfmann as branch manager. Wiegelman holds 15 years of experience in credit union marketing and previously worked at the $334 million Granite State Credit Union, also in Manchester,...

  • Former Credit Union Adviser Fights FINRA Claim

    Despite signing a non-disclosure agreement, a financial adviser downloads member info onto a flash drive and takes it to his new bank job.

  • Space Coast CU Resolves a Portion of CDO Lawsuit

    Resolved portion dates back to 2012.

  • People in the News

    The $400 million First Heritage Federal Credit Union in Painted Post, N.Y. announced that Justin Michael Dildine has joined as a commercial loan officer. He will be responsible for developing new business banking relationships, including commercial lending, within the credit union’s three-county market area. Before joining First Heritage, Dildine was...

  • People in the News - Oct. 4, 2013

    From East to West, Midwest and South, credit union people in the news.

  • NCUA Files More Corporate Loss Suits

    The NCUA on Sept. 23 filed nine federal lawsuits in New York against eight banks over the sale of nearly $2.4 billion in mortgage-backed securities to failed corporates Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union.

  • Northwest FCU Joins SBA Lender Ranks

    The $2.5 billion Northwest Federal Credit Union in Herndon, Va., is among the latest to receive approval to become an SBA lender.

  • NCUA Suits Up to Recover Southwest, Members United Losses

    Agency action in New York federal court on same day as NCUA goes after 13 global banks in Libor price-fixing scandal.

  • NCUA Files Another MBS Fraud Suit

    The NCUA announced Aug. 30 it filed a suit in Federal District Court in Kansas two weeks earlier against another Wall Street firm that the regulator said sold faulty mortgage-backed securities to failed corporates U.S. Central Federal Credit Union and Western Corporate Federal Credit Union.

  • NCUA MBS Suits Score Appeal Win

    The NCUA won a big legal victory Aug. 27 when the U.S. 10th Circuit Court of Appeals in Denver ruled the regulator can proceed with its claims against Wall Street firms over mortgage backed securities sold to the failed U.S. Central Federal Credit Union.

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