by GrafWebCUSO | Sep 25, 2017 | News
Three Massachusetts men pleaded guilty last week to orchestrating a sophisticated multistate ATM robbery spree, netting them $500,000, including more than $170,000 stolen from a credit union ATM. David Barker, 39, Efrain Montero, 41, and Jonathan Santos, 35, of...
by GrafWebCUSO | Sep 22, 2017 | News
U.S. District Judge Thomas Thrash on Friday approved a settlement between Home Depot and financial institutions, including credit unions, in a suit filed in the wake of a 2014 data breach at the retailer. Several state credit union leagues and CUNA were plaintiffs in...
by GrafWebCUSO | Sep 22, 2017 | News
Madison, Wis.-based Summit Credit Union has filed a class-action lawsuit against Equifax on behalf of credit unions for damages related to the credit-reporting agency’s giant data breach disclosed earlier this month. The suit claims Equifax failed to secure its...
by GrafWebCUSO | Sep 22, 2017 | News
JetStream FCU branch in Carolina, Puerto Rico. Image taken Friday, Sept. 22, 2017 Jeanne Kucey, president/CEO of the $196 million JetStream Federal Credit Union released the following statement to CU Times regarding the status of their Carolina, Puerto Rico branch...
by GrafWebCUSO | Sep 22, 2017 | News
Christine Darley, former president/CEO of a merged Nebraska credit union, will be sentenced in December after she pleaded guilty to a felony count of bank fraud Thursday in U.S. District Court in Lincoln. In exchange for her guilty plea, prosecutors dropped five bank...
by GrafWebCUSO | Sep 22, 2017 | News
Millennials are more likely to manage their finances through social media, as well as payment and fintech companies, but have not given up on branches any more than other generations. Those are some of the findings from the latest Fiserv Expectations & Experience...
