Hours after the Navy destroyer USS Cole was bombed in Yemen on Oct. 12, 2000, killing 17 American sailors and injuring 39, the families of members of Navy Federal Credit Union likely didnt know that much more was going on behind the scenes on their behalf.

Ignacio Morales, former CEO of the $7 million Borinquen Federal Credit Union, pleaded guilty Sept. 4 to embezzling $2.3 million and causing the institutions 2011 collapse. And, according to court documents, a former board member may also be guilty of defrauding the community development credit union.

A few weeks ago, I attended a regularly scheduled board meeting at a credit union. The CFO was delivering his financial report that included the line item reflecting the cost for employee health care. There was a discussion about this important issue and the impact it was having on the...

The $143 million Mountain Credit Union in Waynesville, N.C., is taking part in the political process in a most bi-partisan way, hosting voter registration drives.