Credit unions must understand their appetite for risk and take precautions serving state legal marijuana businesses.
The industry's fourth quarter 2014 financials reflect a booming U.S. economy, according to Callahan & Associates.
In January, 16 individuals were indicted in a $10 million federal income tax fraud scheme that was initially uncovered by the $262 million Widget Financial Federal Credit Union in Erie, Pa. last spring, according to federal prosecutors.
Strategic consultant says the interagency OMWI diversity rule likely violates the important Fourteenth Amendment Equal Protection Clause.
Licensing agreement extends to Florida, Alabama, Oregon and Washington credit unions.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.
Tamara Darvish joined the $18.5 billion Pentagon Federal Credit Union in Alexandria, Va., as its EVP of business development and government and community affairs.
Washington credit unions serve the state's legal recreational marijuana industry.
The NCUA approves 19 mergers in December. At this rate, only 5,400 credit unions will remain in 2018.
A month into the New Year, more employees have been hired and promoted across the country.