The state's high court says CU employees not authorized to practice law are prohibited from pursuing debt collection lawsuits against their members.

Two CUSO Financial Services security incidents affect more than 100,000 persons; Abbott Laboratories Employees CU's breach impacts 36,000 members.

They use members' identities to steal tens of thousands of dollars with fake checks and fraudulent loans. 

Five men allegedly recruit indigent persons, bought them new clothes, gave them phony IDs, and paid for their travel and lodging to carry out a $452,000 fraud.

Feds are expected to release the name of the suspect and the charges at a later date.

Y-12 Federal Credit Union is expected to close the planned purchase of First State Bank of the Southeast by Q2 of 2025.

The new court filing says 14 persons were involved in the nationwide conspiracy that used fake IDs to steal money from credit unions and banks.

Six men work in two teams, the first infecting the ATMs with malware and the second entering information that dispensed the cash not tethered to members' accounts.