News

Auto buying service CUSO Autoland Inc. embarked on a new path when it was purchased by Mission Federal Credit Unions CUSO in July.

One credit unions, walking distance from the NCUA that was once a shining star among small credit unions crumbled this year amid allegations of fraud, embezzlement and the suicide of its manager.

Credit unions from coast to coast tapped into pop culture, entertainment and social media to raise awareness, engage members and increase revenue in 2013.

Two big acquisitions topped the news in the core processing for credit unions arena.

Auto loan portfolios accounted for nearly half of all credit union loan growth in 2013.

About $10 million to $16 million may have been embezzled from the Taupa Lithuanian Credit Union in Cleveland, which would make it one of the largest credit union fraud cases ever.