Credit Union Times | Accurate and Timely CU News

Former MCU CEO Kam Wong Released From Prison

By Peter Strozniak

Wong's 66-month sentence was reduced by 18 months by a criminal justice reform law that shortens prison time for non-violent and white-collar convicts.

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Self-Help Expands Its Footprint With Big Plans on the Horizon

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CU Trades Make Efforts to Keep CFPB the Same and Change It

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May 01, 2023

Income Falters for Top 10 Credit Unions

First-quarter results fall from the fourth quarter as originations plummet and net interest margins tighten.

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May 01, 2023

Credit Unions in Pennsylvania & Arizona Announce CEO Transitions

Jeff March plans his retirement from Citadel FCU and Andrew Britton takes over the leadership helm at Hughes FCU.

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May 01, 2023

CU Trades Gear Up for CFPB Late Fee Comment Deadline

Wednesday is the deadline for comments on the CFPB's proposal to reduce credit card late fees.

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May 01, 2023

BNPL Installment Plan Now Available Through PSCU

The offering allows PSCU credit unions to set up customized, incremental card transaction payment plans for members.

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April 28, 2023

Bankrupt Crypto Lender Genesis, Creditors to Enter Mediation

This comes months after the collapse of the cryptocurrency exchange FTX, which caused chaos in the financial industry.

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April 28, 2023

NCUA Issues Prohibition Orders for 3 Individuals

A former credit union CEO, supervisory committee chair and employee have been banned by the NCUA.

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April 28, 2023

Illinois Credit Union Plans Bank Branch Purchase

University of Illinois CU will expand its market presence with the acquisition of CIBM Bank location in Danville.

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Top News Stories

Former MCU CEO Kam Wong Released From Prison

Self-Help Expands Its Footprint With Big Plans on the Horizon

CU Trades Make Efforts to Keep CFPB the Same and Change It

Recommended Just For You

News Stories

Income Falters for Top 10 Credit Unions

Credit Unions in Pennsylvania & Arizona Announce CEO Transitions

CU Trades Gear Up for CFPB Late Fee Comment Deadline

BNPL Installment Plan Now Available Through PSCU

Bankrupt Crypto Lender Genesis, Creditors to Enter Mediation

NCUA Issues Prohibition Orders for 3 Individuals

Illinois Credit Union Plans Bank Branch Purchase