Former CU Employee Sentenced for $300,000 Embezzlement

In February, a former credit union accountant will begin her two-year prison sentence for stealing more than $300,000 from the $20.9 million Independent Employers Group Federal Credit Union in Hilo, Hawaii. Melody Camba, 38, pleaded guilty to embezzlement in...

CU Times Online Exclusive: The Sandwich Generation

CU Times exclusive interview with Stephanie Galligan, research manager with Filene Research Institute. We discuss her new report, “Relieve the Squeeze: The Sandwich Generation.”  This is a growing population of middle-aged Americans who are...

Texas CUSOs Try to Bridge Technology Gap

Two Texas CUSOs aim to close the technology gap for credit unions, one by helping to manage infrastructure and the other by meeting the demanding needs of digital and mobile lending. Houston-based Pure IT Credit Union Services, which launched as a CUSO in September...

5 Tips for Charitable Outreach Success in 2017

Feelings of gratitude fueled by the holiday spirit have a tendency to make us all a bit more generous this time of year. Credit unions that have strategically built up a charitable outreach program often report high levels of member involvement during the giving...

Metsger Defends $1 Billion in Contingency Legal Fees

Defending the agency’s legal fees, NCUA Chairman Rick Metsger said that efforts to recover damages associated with the failed corporate credit unions likely would have failed if the board refused to pay legal bills on a contingency basis. That arrangement has...