Credit Union Times | Accurate and Timely CU News

NCUA to Distribute $865M Recovered From Failed Corporate CUs

By Jim DuPlessis

Total distributions now total $1.3 billion from three of the five corporate credit unions that failed in the Great Recession.

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Former Iowa CU Employee Sentenced to Three Years for $1.4 Million Embezzlement

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Retirement, Once on Track, Now Derailed for Many

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June 25, 2021

Credit Union Fraudster 'Doing a Pretty Good Job' Not Getting Caught

Investigators are searching for suspect William Branstiter who has chameleon-like qualities and a sense of humor.

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June 25, 2021

OCC's True Lender Rule Overturned, Did Anyone (Except Banks) Like It?

Credit union trade groups have been pushing for this measure to be nullified for several months.

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June 25, 2021

VyStar CU, Bank and Venture Firm Invest $18M in AI Company

Zest AI says it will use funds to accelerate adoption of fairer loan decision technology.

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June 24, 2021

CECL, Interest Rate Ceiling & Capitalization of Interest Rules Approved by NCUA Board

The NCUA staff says help is on the way for credit unions with educational support for CECL.

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June 24, 2021

Former Wisconsin Mayor Gets Prison for Defrauding Illinois' Largest Credit Union

Michael Eisenga uses fake documents to obtain a $6.9 million loan from Alliant Credit Union.

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June 24, 2021

Utah Community CU to Test Mobile Driver's Licenses

The state and a vendor picked the credit union for the pilot that starts June 29.

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June 23, 2021

CU Sues Brinks for Allegedly Failing to Return $92,000 Removed From ATM

PrimeWay FCU says the cash was removed by a Brinks employee, but the company denies this and other lawsuit claims.

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Top News Stories

NCUA to Distribute $865M Recovered From Failed Corporate CUs

Former Iowa CU Employee Sentenced to Three Years for $1.4 Million Embezzlement

Retirement, Once on Track, Now Derailed for Many

Recommended Just For You

News Stories

Credit Union Fraudster 'Doing a Pretty Good Job' Not Getting Caught

OCC's True Lender Rule Overturned, Did Anyone (Except Banks) Like It?

VyStar CU, Bank and Venture Firm Invest $18M in AI Company

CECL, Interest Rate Ceiling & Capitalization of Interest Rules Approved by NCUA Board

Former Wisconsin Mayor Gets Prison for Defrauding Illinois' Largest Credit Union

Utah Community CU to Test Mobile Driver's Licenses

CU Sues Brinks for Allegedly Failing to Return $92,000 Removed From ATM