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...
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?
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...
5 Stops on the Social Media Train
In the time I’ve been in the credit union industry, I’ve presented, and held webinars and live streaming events more than 60 times to talk about social media. I say that because, I enjoy the heck out of social media strategy-building, engagement, trends...
CFPB’s Unique Structure Does Not Render It Unconstitutional: Agency
The single-director makeup of the CFPB does not interfere with the president’s ability to perform his duties and therefore, it is constitutional, the beleaguered agency argues in its brief for a federal appeals court. “The Bureau’s structure does not...
Wisconsin Credit Union Buys Five Bank Branches
The $689 million Marine Credit Union in La Crosse, Wis., signed an agreement Tuesday to buy five retail branches of the $2.6 billion Bank Mutual Corp. in Milwaukee. Although financial terms of the deal were not disclosed, the deposit and loan relationships are $52.6...
Is Your Technology Working Against You?
Technology is meant to simplify things, make the financial advisory business more efficient and save advisors time. When Mike Damas set up his independent RIA firm Maryland Capital Advisors in 2005, he found that the technology system he’d invested in...