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Jorge Omar Navarro, who worked at a Virginia credit union for 10 years, is also ordered to pay more than $600,000 in restitution.

The Utah credit union helps fund Utah Valley University's program for Government and High-Impact Internships in Washington, D.C.

The NCUA approves 35 mergers in Q2, down from the 41 consolidations approved by the federal agency in the first quarter.

Experian finds credit unions' share of auto loan originations in the second quarter sets a record going back at least to 2007.

The grant money will help these credit unions expand financial services to the underserved.

ROA benefits from higher net interest margins, but suffers from lower mortgage sales.