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Jalen Craig McMillan and another employee, along with other conspirators, steal more than $151,000 from members.
Justin Maddison takes over the corner office at Western Cooperative CU on April 1 for the retiring Melanie Stillwell.
Xaviar Michael Babudar faces a maximum 50-year prison sentence in July.
The California and Nevada Leagues and Utah CU Association announce a new joint support services organization.
A restitution hearing will determine the actual losses for Chattahoochee Federal Credit Union.
The case won't be certified as a class action lawsuit against the Credit Union Retirement Plan Association.
Patelco CU's Fraud Center helps more than 7,000 members and saves nearly $20 million in fraud losses.
National Civil Rights Leader Rev. Al Sharpton joins attorneys and CU members during a New York press conference.
Dietrich Kuhlmann will take over the leadership position March 1 for the retiring Mary McDuffie.
SFFCU's chief lending officer, Ray Shams, is named acting CEO.
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Chief Superfan Pleads Guilty in Credit Union & Bank Robberies Spree", "byline": "Peter Strozniak", "kicker": "", "prettyDate": "February 29, 2024", "timeToRead": "5 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2018/03/court-ruling-e1522358937579.jpg", "width": "620", "height": "414" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [], "summary": "Xaviar Michael Babudar faces a maximum 50-year prison sentence in July.", "body": null }, { "uri": "/2024/02/28/scott-simpson-to-lead-new-three-western-state-cu-trade-group/", "title": "Scott Simpson to Lead New Three Western State CU Trade Group", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 28, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2024/02/united-states-map-e1709161647204.jpg", "width": "620", "height": "383" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The California and Nevada Leagues and Utah CU Association announce a new joint support services organization.", "body": null }, { "uri": "/2024/02/27/sentencing-in-1-5-million-fraud-case-victimizing-an-alabama-credit-union/", "title": "Sentence Given in $1.5 Million Fraud Case Victimizing an Alabama CU", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 27, 2024", "timeToRead": "2 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2023/01/Prison-bars-2-e1674245170881.jpeg", "width": "620", "height": "413" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A restitution hearing will determine the actual losses for Chattahoochee Federal Credit Union.", "body": null }, { "uri": "/2024/02/26/judge-rules-against-former-cu-employees-over-retirement-plan-lawsuit/", "title": "Judge Rules Against Former CU Employees Over Retirement Plan Lawsuit", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 26, 2024", "timeToRead": "3 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2018/10/federal-court-house-e1540492881994.jpg", "width": "620", "height": "414" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The case won't be certified as a class action lawsuit against the Credit Union Retirement Plan Association.", "body": null }, { "uri": "/2024/02/23/california-credit-union-aims-to-create-scam-savvy-members/", "title": "California Credit Union Aims to Create Scam-Savvy Members", "byline": "Peter Strozniak", "kicker": "Best Practices", "prettyDate": "February 23, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2023/06/AdobeStock_446579721-e1708722741657.jpg", "width": "620", "height": "413" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/best-practices/", "sectionName": "Best Practices" } ], "summary": "Patelco CU's Fraud Center helps more than 7,000 members and saves nearly $20 million in fraud losses.", "body": null }, { "uri": "/2024/02/22/pressure-mounts-over-navy-federals-alleged-mortgage-loan-disparities/", "title": "Pressure Mounts Over Navy Federal's Alleged Mortgage Loan Disparities", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 22, 2024", "timeToRead": "5 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2024/02/Presser-Photo-Navy-Federal-Lawsuit-e1708641549849.jpg", "width": "620", "height": "279" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "National Civil Rights Leader Rev. Al Sharpton joins attorneys and CU members during a New York press conference.", "body": null }, { "uri": "/2024/02/21/navy-federal-credit-union-names-new-ceo/", "title": "Navy Federal Credit Union Names New CEO", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 21, 2024", "timeToRead": "3 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2024/02/Navy-Federal-Credit-Union-branch-e1708471190437.jpg", "width": "620", "height": "436" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Dietrich Kuhlmann will take over the leadership position March 1 for the retiring Mary McDuffie.", "body": null }, { "uri": "/2024/02/20/san-francisco-fcu-board-ousts-ceo-jonathan-oliver/", "title": "San Francisco FCU Board Ousts CEO Jonathan Oliver", "byline": "Peter Strozniak", "kicker": "News", "prettyDate": "February 20, 2024", "timeToRead": "4 minute", "image": { "uri": "https://images.cutimes.com/contrib/content/uploads/sites/413/2024/02/board-room-e1708467920932.jpg", "width": "620", "height": "401" }, "authors": [ { "webUrl": "/author/profile/peter-strozniak/", "name": "Peter Strozniak" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "SFFCU's chief lending officer, Ray Shams, is named acting CEO.", "body": null } ] } }
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