How Millennial Women, Men View Retirement Differently

Millennial women and men approach retirement planning and saving with very different concerns, according to a recent survey by Schwab Retirement Plan Services. Far more millennial women than men reported uncertainty and stress related to saving for a comfortable...

Former CU Bookkeeper Sentenced for $2.5M Embezzlement

A 67-year-old widow and grandmother was sentenced to six and a half years in prison Tuesday for a nearly $2.5 million embezzlement, which led to the collapse of an Iowa credit union where she worked as a bookkeeper. Since the time she was hired at the $2.1...

Experts Warn of a Cybercriminal Holiday Season

Woburn, Mass.-based Kaspersky Lab experts expect the number of financial phishing, malware and POS terminal attacks to rise during the holiday shopping season and affect financial institutions, retailers, and customers. Kaspersky Lab security specialists expect that...

Credit Unions Create New Lending Partnerships

Five credit unions have agreed to buy mortgage loan services from myCUmortgage, a Beavercreek, Ohio, CUSO. myCUmortgage announced Monday it had formed partnerships with: Advantage Credit Union, Ontario, Ohio ($36 million in assets, 5,745 members) Ascension Credit...

N.J. Credit Union Recognized for Service to Hispanics

North Jersey Federal Credit Union has been designated as a Juntos Avanzamos (Together We Advance) Credit Union for its service to Hispanics and immigrants. The National Federation of Community Development Credit Unions has presented the Juntos Avanzamos designation to...

Credit Unions Name New CEOs

Credit unions in Rhode Island, Texas and Ohio have named new CEOs. The $441 million Greenwood Credit Union in Warwick, R.I., appointed Frederick Reinhardt its president/CEO. He succeeds Jim Irving, who is retiring after 11 years of service. Reinhardt, with 30 years of...