News

A few credit unions joined banks last week in an effort to recoup some of the losses they have taken as a result of the largest card data breach ever.

Former U.S. Mortgage Corp. President/CEO Michael McGrath isn't the only U.S. Mortgage employee implicated in the fradulent scheme of selling $14 million worth of mortgage loans to Fannie Mae.

NCUA Region I Director Mark Treichel has been named acting director of the agency's Office of Corporate Credit Unions, the agency announced last week.

The shutdown of Central States Mortgage Co., a Milwaukee CUSO, underscores the need for credit unions to perform "full faith due diligence investigating third parties before jumping into this kind of business," warned Wisconsin's top CU regulator.

Longtime former California Bear Credit Union Board Chairman Reverl Williams has died at the age of 74.

Testing out a new caregiver-safe harbor theme, a group of Washington State credit unions have launched an updated branding campaign called "Membership Means Something."