Michael A. LaJoice, a former CFO who embezzled more than $18 million from a Michigan credit union, was sentenced to seven to 20 years May 1 by an Oakland County circuit court judge.

The NCUA has received $445 million from UBS to settle claims in connection with the sale of faulty residential mortgage-backed securities to two corporate credit unions, according to the agency.

Credit unions with taxi medallion loan portfolios are likely to see their losses mount.

Learn how to capture editors' attention from a media relations manager who moonlights as a CU Times reporter.