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Credit Union News

FCFCU Caters to Low-Income Members in Wealthy County

CU Times - Thu, 08/06/2015 - 11:00pm
For Joseph Thomas, president/CEO for the $310 million Fairfax County Federal Credit Union in Fairfax, Va., becoming a Community Development Financial Institution and requesting a low-income designation merely furthered the work the cooperative had been doing for years.
Categories: Credit Union News

Fiduciary Rule Hearing Slated for Monday

CU Times - Thu, 08/06/2015 - 8:10pm
Members of Congress, CUNA Mutual Group weigh the proposal’s potential impact.
Categories: Credit Union News

Credit Union CEO Pleads Not Guilty to Embezzlement

CU Times - Thu, 08/06/2015 - 3:53pm
Jolina Monique Sanchez is accused of embezzling $240,000 from a merged California credit union.
Categories: Credit Union News

Investors Flipping Fewer Homes: RealtyTrac

CU Times - Thu, 08/06/2015 - 3:10pm
Flipped homes represent 4.5% of homes sold in Q2 2015, but investors are seeing greater profits.
Categories: Credit Union News

Mercury Launches Payments Security Initiative

CU Times - Thu, 08/06/2015 - 12:39pm
New program provides data breach prevention resources to players in the payments industry.
Categories: Credit Union News

Credit Union Executive Sentenced for Mail Fraud

CU Times - Thu, 08/06/2015 - 10:46am
Ardonus Sherrel Perkins gets 36 months probation for stealing $369,000 from the Credit Union of Georgia.
Categories: Credit Union News

Debit Dominates Consumer Wallets: PULSE

CU Times - Thu, 08/06/2015 - 10:37am
Study finds consumers use their debit cards 21.2 times monthly, a 32% increase since 2005.
Categories: Credit Union News

Credit Union Uncovers Facebook Fraud Scheme

CU Times - Wed, 08/05/2015 - 6:33pm
Redwood CU helps cops pin a suspect accused of stealing $60,000 from members in a social media check scam.
Categories: Credit Union News

Warren Amendment Backs NCUA Vendor Authority

CU Times - Wed, 08/05/2015 - 5:49pm
Trades gear up to fight the agency’s wish to regulate third-party vendors that serve credit unions.
Categories: Credit Union News

New Bethel FCU Liquidates Voluntarily

CU Times - Wed, 08/05/2015 - 4:34pm
The Virginia credit union had been placed under conservatorship by the NCUA in April.
Categories: Credit Union News

Millennials Willing to Job Hop Despite Risks

CU Times - Wed, 08/05/2015 - 2:35pm
RecruitFi reports 86% of millennials would leave their job if a new one offered promises of fulfillment.
Categories: Credit Union News

Credit Unions Hire, Promote and Honor

CU Times - Wed, 08/05/2015 - 1:32pm
Cooperatives announce more than a dozen new hires and promotions. Plus, two CEOs receive honors.
Categories: Credit Union News

Card Fraud Losses Hit $16 Billion Worldwide

CU Times - Wed, 08/05/2015 - 12:04pm
The U.S. accounted for 48.2% of the world’s card fraud losses in 2014, Nilson reports.
Categories: Credit Union News

Tattoo Recognition Solution Draws NIST Accolade

CU Times - Wed, 08/05/2015 - 10:41am
MorphoTrak’s tattoo recognition algorithm aims to help law enforcement with identification.
Categories: Credit Union News

Why Millennial Entrepreneurs Should Scare You

CU Times - Wed, 08/05/2015 - 9:52am
Don't believe the negative Millennial hype, many looking to find problems to solve.
Categories: Credit Union News

SAFE Credit Union CEO Announces Retirement

CU Times - Wed, 08/05/2015 - 8:00am
Henry Wirz's 32-year tenure will end in March 2016. Dave Roughton will step in as his successor.
Categories: Credit Union News

10 Best and Worst States for Summer Road Trips

CU Times - Tue, 08/04/2015 - 7:34pm
How road trip friendly is your state?
Categories: Credit Union News

American Express Antitrust Settlement Tossed

CU Times - Tue, 08/04/2015 - 1:44pm
Judge throws out merchant antitrust claims against the corporation as well as the merchants' lead counsel.
Categories: Credit Union News

Senator Quits Credit Union Job Amid Harassment Claims

CU Times - Tue, 08/04/2015 - 1:20pm
Paul LeVota, who allegedly made sexual advances on a Senate intern, served as a trainer for CommunityAmerica CU.
Categories: Credit Union News

Pot Credit Union Sues NCUA

CU Times - Tue, 08/04/2015 - 12:45pm
TFCCU of Colorado can’t open to serve marijuana businesses until it’s granted a master account.
Categories: Credit Union News

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