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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Legal details are being hammered out regarding the voting process for VACUL member credit unions.
This is the first proposed state league consolidation since 2022.
Lesley Lucchese and Danielle Cappetti withdrew funds from credit unions around the nation while acting as runners for the fraud conspiracy ring.
Son Nguyen allegedly attempted to blast into California Coast CU's ATM which yielded a small explosion but no cash.
Criminals circumvented credit union and bank fraud protections by using accounts that had been opened for five years or longer.
In a separate data breach, Texas Dow Employees Credit Union reported personal information of 500,474 members was potentially removed via vendor, MOVEit.
Jessi Sluder and Corleone Coleman were each charged with financial abuse of an elderly individual.
John M. Parillo takes over the helm from Jim Warren who retires after 37 years of service in the credit union movement.
The California CU does not say how many former and current members' and employees' personal information may have been affected.
The combined Launch CU and Community CU of Florida would manage $2.7 billion in assets and serve more than 143,000 members.