Cybersecurity Sharing Launches for Credit Unions

The National Credit Union Information Sharing and Analysis Organization officially announced its launch. Their mission – to advance cyberresilience, real-time security situational awareness information sharing, and coordinated response. “This is the first...

Former Teller Pleads Not Guilty to Theft

Shanice M. Mano, a former teller of the $969 million Credit Union 1, pleaded not guilty to a felony theft charge last week in U.S. District Court in Anchorage, Alaska. Federal prosecutors said, in court documents, that Mano allegedly embezzled more than $111,000 from...

Xceed Financial to Merge Postmark Credit Union

The members of the financially struggling Postmark Credit Union in Harrisburg, Pa., voted Thursday to approve the Sept. 1 merger with the $952 million Xceed Financial Federal Credit Union in El Segundo, Calif.   While Teresa Freeborn, Xceed Financial’s...

Credit Unions Seek Clarity on Military Lending

The Department of Defense issued new guidance about rules designed to protect service members from predatory lenders, but banks and credit unions are still confused. Neither mainstream banks nor credit unions were the target of Military Lending Act rules that were...