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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Stephan Haley’s multi-million-dollar scheme victimizes credit unions and banks.
Current and former members will receive a refund for debit payment overdraft charges.
The proposed deal is expected to close at the end of the second quarter pending approvals from shareholders and regulators.
The NCUA's approval of Global FCU’s acquisition of First Financial Northwest Bank puts the deal on track to close by the second quarter.
Alan Kaufman breaches his fiduciary duties by accepting illegal gratuities, financial improprieties and violating Melrose Credit Union policies.
In addition to victimizing Members 1st Federal Credit Union, coconspirators hit three other credit unions and six banks.
Igor Shushpanov racks up debt, pays it off with worthless checks and declares bankruptcy.
Kevin Spratt, who stole $772,155 from members' accounts, appears uninvited at victims' homes and asks them not to report his actions to police.
Pelican State Credit Union promotes Melissa Ott to the position of president as Jeffrey K Conrad continues to serve as CEO.
Abilene Christian University CU members receive a rare monetary distribution as a result of the merger with UCU.