Credit Union Management

A bank employee who pleaded guilty in July 2009 in a case involving $4 million in stolen certificates of deposit from four credit unions and other financial institutions is scheduled to be sentenced this month.

Now that it has some tangible evidence from a nearly year-old project that provided training to credit union employees on investment education, the Wisconsin Credit Union League is gearing up to reach the poor and underserved.

The $1 billion Royal Credit Union of Eau Claire, Wis. wasted little time in the purchase/conversion of 11 branches of an ailing Madison bank setting June 26-28 as the formal switchover.

All three federal regulators with a say in the matter have given a green light of Royal Credit Union's purchase of a struggling bank's assets.

Gateway Services Group, a solutions provider CUSO, will host a series of free Webinars on best practices within a credit union's investment, insurance and trust departments.

The FTC just came out with disclosure regulations regarding private deposit insurance-more than two years after the financial crisis started and 20 years after the original law.