Three major weaknesses in call center authentication.
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
People
The $640 million AltaOne Federal Credit Union in Ridgecrest, Calif., hired Gary Petersen as the new contact center manager. Petersen brings to AltaOne significant experience and expertise in areas such as operations management, customer service, planning and compliance.
Former Michigan CFO Sentenced by State Judge
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.
FocusReport: Retail Delivery & Frontline Technology
NCUA Receives $445M From UBS in Settlement
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.

