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Former Centrix CEO Sutton Sued for Fraud, Conspiracy

By Staff Writer

In a scathing lawsuit filed in the United States District Court, District of New Jersey, Everest National Insurance Company charges Robert Sutton, former CEO of Centrix Financial LLC and other former Centrix officials with fraud and conspiracy. The charges relate to Centrix's operation of its Portfolio Management Program (PMP) and...

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CURIA: 82 And Counting

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Second State House Passes Credit Card Breach Law

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May 11, 2007

Second State House Passes Credit Card Breach Law

In what could become a trend, the Texas House of Representatives has passed a law which would codify in law the industry's card data protection standards and which would give card issuers a way of recovering the costs reissuing cards should breach's occur.

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May 11, 2007

Vote on Canada's Central Credit Union Merger to Come June

Members in Ontario and British Columbia are scheduled to vote June 22 on one of Canada's largest credit union mergers.

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May 11, 2007

East Coast Volunteer Forum Debates Wings/Continental

One important lesson learned from the Wings/Continental controversy for volunteers: communicate frequently and clearly to members while staying tuned to their concerns.

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May 10, 2007

NAFCU Offers Input on Eve of Committee Briefing on Conversions

In light of tomorrow's scheduled briefing for House Financial Services Committee staff on conversions to mutual savings banks, NAFCU sent a letter to all committee members offering its take.

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May 10, 2007

NCUA Liquidates Sharebuilders FCU

NCUA's Asset Management Assistance Center made payouts to members of the former Sharebuilders Federal Credit Union upon its liquidation.

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May 10, 2007

NCUA Liquidates Sharebuilders FCU

NCUA's Asset Management Assistance Center made payouts to members of the former Sharebuilders Federal Credit Union upon its liquidation.

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May 10, 2007

Venable Attorney Says Firm 'Not Likely' to Do Credit Union Conversions

There have been 33 credit union-to -bank conversions in the industry and powerhouse law firm Venable, LLP has never been a part of any of them, said Bruce Jolly, a partner with the Washington-practice.

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Top News Stories

Former Centrix CEO Sutton Sued for Fraud, Conspiracy

CURIA: 82 And Counting

Second State House Passes Credit Card Breach Law

Recommended Just For You

News Stories

Second State House Passes Credit Card Breach Law

Vote on Canada's Central Credit Union Merger to Come June

East Coast Volunteer Forum Debates Wings/Continental

NAFCU Offers Input on Eve of Committee Briefing on Conversions

NCUA Liquidates Sharebuilders FCU

NCUA Liquidates Sharebuilders FCU

Venable Attorney Says Firm 'Not Likely' to Do Credit Union Conversions