Rose Bartolomucci, president/CEO of the $114 million Towpath Credit Union in Akron, Ohio, urged Congress Dec. 4 to pass several pieces of legislation that CUNA has argued would ease regulatory burden on credit unions.

CLEVELANDFormer Taupa Lithuanian Credit Union teller Michael Ruksenas pleaded guilty Dec. 2 in U.S. District Court to conspiring to embezzle more than $481,000 from the failed credit union.

Multi-agency council suggests creation of risk management program for social tools.

Big bank closes small fry biz accounts in Canada, so British Columbia credit union steps up.