Two for One a Good Deal

Credit unions, as well as the entire financial services industry, should be encouraged by the recent remarks of President-elect Donald Trump relating to government regulations. Mr. Trump has stated that for every new regulation imposed by a government agency, he wants...

Credit Union Strategy & Risk Trends to Watch in 2017

Ted Bilke, president of core provider Symitar, a division of the Monett, Mo.-based Jack Henry & Associates, offered several 2017 trends and predictions that could impact credit unions directly or indirectly. 1. Growth Strategy Geographic expansion will continue....

Former CEO Pleads Guilty to $740,000 Embezzlement

A former president/CEO will be sentenced in April for embezzling $741,362 from the $4.6 million Corry Area Schools Federal Credit Union in Corry, Pa. Karen Schenck, 50, of Bear Lake, Pa., pleaded guilty to one count of embezzlement in U.S. District Court in Erie on...

Student Loan Woes Could Continue in 2017

2016 is ending on bad news about student loans and how they drag down the financial well-being not just of students, but of the elderly. In a coal-in-the-stocking move the week before Christmas, the Treasury Department declined to go along with congressional...