Idaho League CEO Kathy Thomson Announces 2017 Retirement

The Idaho Credit Union League said Tuesday that its President/CEO Kathy Thomson will retire in January 2017. Thomson is the third league CEO to announce retirement in less than a year. In December, Cornerstone Credit Union League President/CEO Dick Ensweiler said he...

ATM Fees Hit New Record Level

ATM fees set a new record high for the 10th year in a row, with the total cost of using an out-of-network ATM withdrawal rising to $4.57, according to Bankrate.com’s 19th annual checking survey. Consumers typically must deal with two different fees when using an...

Fifth Largest Ohio Credit Union Emerges After Merger

The $180 million Chaco Credit Union in Hamilton officially merged into the $602 million Telhio Credit Union in Columbus Monday, creating the fifth largest cooperative in Ohio by assets, $783 million, and the fourth largest credit union by members of 76,100. In...

Two Sentenced in Credit Union Ponzi Scheme

A former CEO and her assistant received federal prison sentences last month for running an $18 million Ponzi scheme out of a Texas credit union by selling non-member share certificates to at least 10 credit unions across the nation. Maria Guadalupe Hernandez, 59,...

Women Underrepresented in Information Security Workforce

Women represent only 11% of the global information security workforce, including in financial services, despite a shortage of cybersecurity skilled personnel overall. Credit unions have to be more security-minded as staff and members connect through many devices....