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...

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...