A former president/CEO of a merged Nebraska credit union will face a federal judge March 14 on six felony bank fraud charges. According to an indictment filed by federal prosecutors last week, Christine Darley, 44, allegedly embezzled more than $535,000 from the $3...
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?
CFPB Unknown & Fighting for Its Life
If ignorance is bliss, lots of Americans are humming a happy tune. Specifically, 81% of Americans polled by CreditCards.com did not know enough about the Consumer Financial Protection Bureau to have an opinion about it, even though the five-year-old...
Student Debt Hurts Employees’ Financial Responsibility
A new survey of young people in the workforce show having student debt negatively affects an employee's ability to be financially responsible, even once they are employed. Regina Corso Consulting conducted the survey online in January 2017, and gleaned...
CO-OP Inks ATM Deal with 7-Eleven
About 8,000 ATMs in 7-Eleven stores across the country will stay in the CO-OP Financial Services ATM network thanks to a new agreement between CO-OP and ATM network and service provider Financial Consulting & Trading International, or FCTI. The agreement...
Is It Time to Get Political?
Just as we have never seen a presidential administration as unusual as our current one, we have never in our recent history seen such powerful political activism and discussion taking place nationwide. My social media news feeds are filled with rants about President...
House Passes Bill to Give Trump Control Over NCUA, CFPB Rules
The House on Wednesday passed legislation that would require independent agencies, such as the NCUA and CFPB, to submit rules to the Office of Management and Budget before they are published—essentially giving the president tight control of the rule-making...