Credit Union Times | Accurate and Timely CU News

Ohio CEO Joins Eager Chorus on Cleveland Fed Panel

By Jim Rubenstein

Gary Soukenik, president/CEO of Seven Seventeen Credit Union, added his voice Monday to the chorus of credit union CEOs eager to become enthusiastic advocates for the industry on the newly formed Community Depository Institutions Advisory Council of the Federal Reserve.

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For One CDCU, CDCI Money Means Funds for Microloans

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Trades Want to File Amicus on Interchange Lawsuit

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March 07, 2011

Trades Want to File Amicus on Interchange Lawsuit

CUNA, NAFCU and several bank groups are asking a federal judge if they can file a friend-of-the-court brief on behalf of a bank that is challenging the constitutionality of the law, giving the Federal Reserve the power to regulate interchange.

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March 07, 2011

NCUA Clarifies Role of Board and Top Executives at FCUs

The boards of federal credit unions can delegate hiring, firing and compensation functions to the executive committee and, within limitations, to the CEO, according to NCUA General Counsel Robert Fenner.

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March 07, 2011

CU of Atlanta CEO Shooting Death Case Heads to Grand Jury

Eight months after the president/CEO of Credit Union of Atlanta was fatally shot by an undercover sheriff’s detective in New Jersey, the case is scheduled to go before a grand jury by May.

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March 07, 2011

Google Yanks Malware from Users’ Phones, Cleans Store

They weren’t mobile banking apps, but Google’s removal of a reported more than 50 infected applications from its Android Market might be a sign of things to come.

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March 07, 2011

Leader in ATM Fraud Gets Almost Nine Years in Prison

Vance Moore II, the leader of a conspiracy that bilked investors out of tens of millions of dollars in an ATM fraud, has been sentenced to 97 months in a federal prison.

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March 07, 2011