Credit Union Management

JACKSONVILLE, Fla. -- Call it a sign of the times, but the insurer for the majority of credit union and the processor for the majority of CU card programs have teamed up to make card fraud loss claims easier to file.

WASHINGTON -- Trust for Credit Unions, a $1.7 billion group of credit union investment funds, has elected Rudy Hanley its new chairman.

SOUTHFIELD, Mich. - Michigan First Credit Union has won over $5 million in damages against its former insurer Credit Union Mutual Insurance Society.

SAN FRANCISCO -- The Financial Accounting Standards Board's Jan. 7 decision to make adjustments to fair value accounting rules won't affect credit unions much, but it's an important step in the right direction,

ARLINGTON, Va. -- Yet another piece of bad news coming out of the 2008 holiday season was increased incidents of fraud involving gift cards.

RYE, N.Y. -- Police have charged John P. Walsh, the former chief operating officer of Affina Brokerage Services LLC, a subsidiary of USAlliance Federal Credit Union, with allegedly stealing $2.5 million from the CUSO.