by GrafWebCUSO | Sep 9, 2016 | News
Although Veterans Health Administration Credit Union had $2 million in assets when it was liquidated by state regulators in March, VHACU’s former president/CEO allegedly stole more than $2.3 million from the Detroit-based credit union, Michigan Attorney General...
by GrafWebCUSO | Sep 9, 2016 | News
Hiring experienced compliance professionals has become difficult, particularly for credit unions. The need for an individual with an extensive skill set in the evolving and expanding new rules and regulations only increases. Des Moines, Iowa-based credit union...
by GrafWebCUSO | Sep 9, 2016 | News
Monica Aksamit’s path to winning a bronze medal at the Summer Olympic Games in Rio last month began at the $1.7 billion Polish & Slavic Federal Credit Union. The Brooklyn, N.Y.-based credit union named Aksamit PSFCU Rising Star during a homecoming...
by GrafWebCUSO | Sep 8, 2016 | News
California and federal regulators fined Wells Fargo a combined $185 million for the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts. The CFPB fined Wells Fargo Bank, N.A. $100 million for the widespread illegal practice of...
by GrafWebCUSO | Sep 8, 2016 | News
The $309 million Maine Savings Federal Credit Union in Hampden announced its longtime advisor and former longest serving board chair, Harold Grant, 93, died over the Labor Day Weekend. Grant played a vital role in advancing Maine’s credit union movement and...
by GrafWebCUSO | Sep 8, 2016 | News
Internal and external fraud, whether part of technological-based scams or executive embezzlements, was a really hot-button issue at CU Times’ virtual cybersecurity conference, Defending Your Credit Union Against Data Breaches. Michael Ogden, executive editor of...
