Credit Union Management

According to a published report, NCUA has filed an $11.8 million claim to recoup losses against the estate of a deceased financial adviser who worked with the defunct New London Security Federal Credit Union.

Early signs of economic recovery could come during the next six months, according to a Charles Schwab survey of more than 1,200 independent financial advisers.

ORLANDO, Fla. - Consultants attending the Card Analysis Solutions Card Management School say that a greater percentage of credit unions are closing and reissuing credit/debit cards reported compromised in the Heartland Payment Systems breach.

ORLANDO, Fla. - Credit unions must reinvent their collections procedures to match the current economic conditions or risk seeing their losses climb sharply, according to a collections executive and consultant.

Locke Capital Management Inc. allegedly created a fake, Switzerland-based billion dollar client in an attempt to attract legitimate investors, the Securities and Exchange Commission said today.

As the Dow Jones industrial average plummeted past 7000 yesterday, the drop could lead to another round of mutual fund redemption and hedge fund sales.