Strike Quickly on Reg Reform or Risk Losing: Nussle

Credit unions must intensely focus their attention during the opening months of the 115th Congress on regulatory reform or risk having their priorities lost in the mix of other issues, CUNA President/CEO Jim Nussle warned on Friday. “This Congress is going to be...

Former Credit Union CEO Sentenced to Three Years

Charles Juska, former president/CEO of the $22.2 million Tazewell County School Employees Credit Union in Pekin, Ill., was sentenced Friday to three years in prison for bank fraud. U.S. District Court Chief Judge James E. Shadid in Peoria, Ill., also ordered the...

Credit Unions Need Speed to Make 2017 Auto Loan Goals

While many credit unions are expecting an 8% gain in auto loans next year, they’ll have to be nimble and quick to make those numbers in a tightening U.S. market, an industry analyst told credit union executives Friday. Sales growth is slowing for new cars. This...

CUES Wins Lawsuit Over Broken Marketing Deal

The Credit Union Executives Society has prevailed in a lawsuit brought by a training company that alleged the professional organization shirked its duties in a marketing partnership, according to court documents. CUES was also awarded $884,315.70 in unpaid royalties,...

First U.S. Credit Union Earns GABV Membership

The $740 million VSECU in Montpelier, Vt., said Tuesday it has been accepted as a member of the Global Alliance for Banking on Values, an independent network of values-based banks, banking cooperatives, credit unions, microfinance institutions and community...

Trump Said to Pick DOL Head: Andrew Puzder

President-elect Donald Trump is expected to name Andrew Puzder as Labor Secretary today, according to CNBC. A former attorney, Puzder is the CEO of CKE Restaurants, which owns several nationwide fast food chains. Puzder has been an outspoken critic of what he says is...