News

Sworn testimony in the NCUA's lawsuit reveals CEO Leigh Bridges initially denied knowledge of a $95 million shortfall before admitting she transferred funds to support years of luxury spending.

New research from Carleton highlights the urgency for and barriers to platform migration among credit unions, banks, auto finance companies and fintechs.

America's Credit Unions argue that AI is improving lending, fraud detection and warned overly prescriptive rules could slow innovation.

The agency alleges years of falsified records, fake deposit entries and concealed losses led to one of the most significant fraud investigations in decades.

A large portion of ghost assets overstates the amount of its deposits with corporate credit unions.

Data from America's Credit Unions shows HELOCs and other second-lien residential loans rose at above-average rates.