News

DAYTON, Ohio - LexisNexis, a provider of legal, news and business information, has recently revealed that the number of consumers potentially at risk for identity theft has jumped from 31,000 to 310,000. London-based publisher and data broker Reed Elsevier announced that its subsidiary LexisNexis had identified 59 incidents of potentially...

FRAMINGHAM, Mass. - Local think firm Financial Insights' latest survey finds that identity theft incidents have been taking a toll on financial institutions and their member relationships. According to the survey, some 60% of consumers are concerned about identity theft and such concerns have prompted close to 6% of those...

GRAPEVINE, Texas - Checking accounts, credit cards, vehicle loans and real estate/rental property funding - in that order - are the services business owners want most from their financial institution. But a credit union's understanding of a business customer's company and attention to his or her needs is the magnet...

TAMPA, Fla. -MacDill Federal Credit Union (MFCU) has named Larry Harvill assistant vice president of loss prevention. Harvill, who has over 20 years of experience in default and collection management in the financial services industry will oversee MFCU's Collection and Loss Prevention departments. Harvill comes to MFCU from Suncoast Schools...

WEST PALM BEACH, Fla. - Credit unions across the country are declaring April 16 Shred Day. According to those credit unions offering the free service to members, post-April 15 is the perfect time to do some spring cleaning. They are advising members to gather all old papers including outdated tax...

SAN DIEGO, Calif. - A former employee of North Island Credit Union has been sentenced to 15 months in jail after pleading guilty to embezzling more than $338,000 from the financial institution. Authorities said 40-year-old Leanne M. Truitt used the money to live a lavish lifestyle, including throwing elaborate parties,...