by GrafWebCUSO | Sep 14, 2017 | News
There are times in the credit union industry when it’s just busy – I’m talking wicked busy. The kind of all-hands-on-deck busy when so much is happening at once that you even dream about work and the storms, politics, housing markets and zombies....
by GrafWebCUSO | Sep 14, 2017 | News
A Minnesota couple, who managed a credit union, were each sentenced Tuesday for embezzling $2 million from it to support three successful businesses. Nkajlo Vangh, 61, was sentenced to seven and a half years in federal prison, and his wife, True Yang Vangh, 52, was...
by GrafWebCUSO | Sep 13, 2017 | News
The League of Southeastern Credit Unions said Wednesday about two-thirds of the Florida’s 136 credit unions were affected by Hurricane Irma and approximately 80 credit unions reported they have reopened for business, up from about 35 on Tuesday. However,...
by GrafWebCUSO | Sep 13, 2017 | News
Peer-to-peer player Zelle Network processed more than 100 million transactions in the first six months of 2017 and is racking up thousands of new users a day, but customers of rival Venmo have hardly heard of it, according to two new reports. According to a release...
by GrafWebCUSO | Sep 12, 2017 | News
At least 35 Florida credit unions reopened on Tuesday and about 10 more plan to be back in business on Wednesday, according to the League of Southeastern Credit Unions. A list on LSCU’s website shows five credit unions are still closed because of power outages....
by GrafWebCUSO | Sep 12, 2017 | News
Emergency planning in the credit union industry has come a long way in the last 10 years, but even after Harvey and Irma, pros say they’re still seeing credit unions make some common mistakes. Planning for the wrong problem Wind and water can be...