News

Charlene M. Pickhinke, a former MetaBank employee, who pled guilty in July 2009 in a case involving $4 million in stolen CD deposits from credit unions and others, is scheduled to be sentenced this month.

CU*Northwest said it has converted its first California credit union to the CU*Base core processing system.

The economy is continuing to improve slightly and consumers are more willing to take on new credit when buying products and services.

Credit union employees and volunteers as well as other people interested in federal issues related to credit unions can participate in and ask questions of NCUA Chairman Debbie Matz at a June 28 Town Hall Webinar.

Jack Henry & Associates said today that it has completed its $300 million cash acquisition of iPay Technologies.

Toledo area credit unions and the NCUA were coming to the assistance of the $8.9 Woodco FCU in Millbury, Ohio, which sustained major damage when a tornado touched down Saturday destroying a high school where the CU is located.