In January, 16 individuals were indicted in a $10 million federal income tax fraud scheme that was initially uncovered by the $262 million Widget Financial Federal Credit Union in Erie, Pa. last spring, according to federal prosecutors.
Widget Financial FCU uncovers $10M scheme by individuals who tried to open 3,493 accounts at 443 banks and credit unions.
Apples 2 Apples wins CUNA HR/TD Council 2014 Excellence Awards' Best of Show.
Baby boomers change course on retirement as the world around them shifts and new worries emerge.
An FBI lead investigator suggests credit unions step up efforts to prevent fake online account openings.
Thanks to an alert branch manager and astute IT staffers, the $252M credit union cracked a $10M identity theft case.
The $41 million Cowlitz Credit Union in Longview, Wash., plans to merge into the $581 million Red Canoe Credit Union, also based in Longview, by September.
Board Chairman Larry Anderson said $41M Cowlitz can't keep up with new regs and technology developments. The two credit unions share a history.
In the constant bid for growth, it may help to work on building and reinforcing a strong foundation before chasing the next new thing.
The software is allowing Red Canoe to analyze transaction activity and optimize branch workforce scheduling at its seven branches.