News

Salusthian Lutamile, who also served as acting CFO for IDB Global FCU, embezzles $610,000.

The money will go to credit union employees and volunteers in Puerto Rico.

YS Federal Credit Union officials report more than 150 accounts were impacted, resulting in $15,137 stolen from members.

Geoff Bullock will take over the helm at Harborstone CU and Jennifer Borowy will lead Michigan First CU.

Experts believe "a brief and mild recession" will happen and "the U.S. economy should start to expand again toward the second half of 2023."

For the first time in more than two years, board members hold an in-person meeting.