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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Eighty-eight percent of Advantis members vote in favor of the consolidation that will become legal in early October.
The deal, if approved by regulators and shareholders, is expected to close in 2025.
Maria Montesino allegedly said a man, who was outside, would trigger a bomb if the teller did not hand over cash.
James Ledford assumes the leadership helm while the board launches a search for a new CEO.
Soundra Lopez's fake loans scheme led to the involuntary liquidation of County & Municipal Credit Union.
He replaces UKFCU's CFO Dan Kittleson, who has served as interim CEO since last year.
Nassau County-based CU expects to open a new branch in 2025 at adjacent Suffolk County to reach new members.
A Georgia Federal Judge orders Teresa Paulo to pay $1.2 million in restitution to Southern Pine Credit Union.
The employees include indirect loan processors, underwriters, managers and quality control associates.
Adrian Applewhite, who was ordered to pay $439,293 in restitution, appeals his sentence.