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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Frances McComas steals cash from the credit union's vault over four years.
FAIRWINDS CU says the acquisition will expand its marketplace footprint.
September's ban list includes two former CEOs, one who stole more than $40,000 and the other CEO allegedly falsified Call Reports.
A new federal document reveals more details about how a credit union CEO stole $40 million over 20 years.
Bruce Fafard and 121 Financial Credit Union part as the "best of friends."
New Haven County Credit Union has also had its tax exempt status revoked by the IRS.
Infinity FCU says "important differences" with Vibrant CU surfaced during the due diligence process.
The announcement follows new research that indicates more CUs are exploring fintech partnerships and bank acquisitions.
In another case, two women are sentenced for their roles in an auto fraud ring that victimized a Mississippi CU.
Kevin Robert Lee will spend more than five years in prison for spending more than half of what he stole on in-app video games.