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Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
Travis Credit Union is suing an insurance company to pay the loss claim of more than $714,000 caused by the employees.
EVP Chuck Kelly is named interim CEO; the board launches a search for the next leader.
Kelly Givens is ordered to pay $10,000 in restitution and complete two years of supervised release following her prison term.
After serving as interim CEO for nearly a year, he succeeds Doug Peterson, who retired after 27 years of service.
The combined financial cooperatives will manage $716 million in assets and serve nearly 50,000 members.
Jose Leyva alleges the credit union denied his home loan because of his immigration status.
Jalen Craig McMillan and his co-defendants intended to steal more than $400,000.
If approved by the NCUA and members, the merger of Adventure and Astera credit unions would manage more than $647 million in assets.
Jason Lee Rannfeldt uses $262,000 in PPP loans from Vibrant CU for a down payment on a GreenState CU mortgage.
Ninety-six percent of Centra CU members vote to consolidate with Hoosier Hills CU, but its members vote no.