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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
An additional 28% of credit unions intend to get back to normal operations ASAP or once restrictions are lifted in their state.
Lawyer says the allegations are not accurate and baseless.
Richard K. Kanipe says he and his former board members were shocked to find out the credit union was conserved.
The deteriorating financial performance of Aspire FCU leads to its consolidation.
Because Stacey Shaw failed to report her ill-gotten income on her federal tax returns, she owes the IRS $519,394 plus interest.
Jorge Omar Navarro, who allegedly embezzled more than $600,000 from URW Community FCU, is arrested in North Carolina.
Money management classes will be delivered through an organization founded to end student homelessness.
More than four out of 10 Americans expect it will take three years or more to recover financially.
Prosecutors allege Jeremie Saintvil victimized three credit unions, six banks and eight elderly individuals.
A dispute leads to a CU member filing a lawsuit alleging collusion and racially derogatory remarks by employees.