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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Thayne Shaffer takes over the helm at America First Credit Union following the April 1 retirement of John Lund.
The agency bans 35 ex-employees in 2020, down from 40 in 2019. The NCUA also issues two cease and desist orders in 2019.
Eligible POCU members will receive a one-time $200 capital distribution bonus dividend.
A few members oppose the consolidation because of the $250,000 executive retention bonuses.
Claudia Wells pleads guilty to embezzling funds that she split with an unidentified co-conspirator.
The trade organizations hold thousands of meetings with legislators and regulators that influenced 245 pandemic-related bills.
Angela Domingo, who admits to stealing more than $300,000, faces a sentencing hearing in May.
Matt Mamer will take over as CEO of Illinois' second largest credit union when Mark Spenny retires in May.
Credit union internal fraud cases substantially decline in 2020, presumably because of COVID.
Organizations see a 50% increase in food demand while requests for mental health services keep rising during the pandemic's surge.