News

Michigan-based Valley State Credit Union has been placed into conservatorship by the Michigan Department of Insurance and Financial Services.

Michigan-based Valley State Credit Union has been placed into conservatorship by the Michigan Department of Insurance and Financial Services.

Former Bear Paw CU head teller Peggy S. Teel embezzles almost $130,000 from the credit union over nine years.

Court of Appeals overturns lower court ruling which now allows NCUA's 2011 lawsuit against Wachovia and Nomura to proceed.

The combined corporate will receive a new name and serve more than 1,200 CUs, leagues and CUSOs.

Mark Sievewright, president of Fiserv's CU Solutions, is stepping down after 11 years at the company.