News

Five members of the defunct New London Security Federal Credit Union have filed a lawsuit to recoup $4 million claiming board members, staff and the CU's accounting firm among others were negligent in supervising its financial adviser.

DeFarra Gaymon, president/CEO of Credit Union of Atlanta, had traveled to New Jersey last week for his high school's 30th class reunion, the Star-Ledger reported today.

A triple-mode mobile banking platform from Fiserv Inc. has now been chosen by 150 credit unions, the company said.

Acting Essex County Prosecutor Robert Laurino today announced that an autopsy performed by the Essex County Medical Examiner's Office determined Credit Union of Atlanta President/CEO DeFarra Gaymon died from a single gunshot wound to the abdomen.

For the second time in a little over a month, the $2.7 billion Wings Financial Credit Union has announced merger plans, this time with the $450 million City-County Federal Credit Union.

The Essex County Prosecutor's Office will have a press conference today at 4:00 p.m. to provide a statement regarding the undercover detective involved in the fatal shooting of Credit Union of Atlanta President/CEO DeFarra Gaymon.