TMGFS' credit card portfolio investment program allows participating credit unions to drive their assets.
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?
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Battles Expose Fidelity Bond Issues
The NCUA is embroiled in a court battle with CUMIS over its controversial decision not to pay a $3 million dollar fidelity bond claim after a forensic auditor determined a CEO's embezzlement scheme caused a loss of more than $10 million that collapsed a Little Falls,...
Jobless Rate for College Grads Falls to Lowest Level Since Recession
The job market for college graduates continues to improve, according to the latest quarterly report on The Labor Market for Recent College Graduates from the New York Fed Bank. The unemployment rate for recent college grads, aged 22 to 27, fell to 3.9% in...
Arizona Credit Union Teller Indicted for $526,000 Theft
Federal prosecutors alleged last week that a former teller stole more than $526,000 from member accounts at an Arizona credit union over four years. James Roy Entzminger, a former teller for the $57 million Banner Federal Credit Union in Phoenix, was charged with one...
10 Smartest States for Financial Literacy: 2017
How much have Americans learned since the Great Recession? Not enough, according to WalletHub. WalletHub released its report on 2017’s Most & Least Financially Literate States, which analyzes financial education programs and consumer habits in each of...