NAFCU Members OK Full Membership for State-Chartered CUs

NAFCU said Friday its membership approved the board’s unanimous recommendation to give federally-insured, state-chartered member credit unions full membership. This means federally-insured, state-chartered NAFCU members now have full voting rights and may run...

2017 Trailblazer Awards Nominations Open

It’s time once again to honor credit union executives, volunteers and whole institutions that promote change by creating and implementing innovative strategies and solutions. CU Times is currently accepting Trailblazer Awards nominations. The deadline for...

Former CEO Embezzles $2.3M From $2M Credit Union

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...

Closing the Credit Union Compliance Talent Gap

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...

Credit Union Honors Olympic Bronze Medalist Member

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...