Former CU Manager Admits to $1.5 Million Fraud

A former branch manager and loan officer admitted Monday to defrauding nearly $1.5 million from an Alabama credit union and manipulating credit scores or overinflating the value of vehicles to approve more than 250 car loans. Jennifer Leigh Arnette of Enterprise,...

Consumers Sunny Now, Driving Credit Union Lending

Consumers are wearing shorts and sunglasses now, but some economists are seeing signs that the days of the economic peak are shortening. The CUNA Mutual Group’s monthly Credit Union Trends Report said consumers are feeling confident this summer with pleasantly...

Credit Unions, CUSOs Appoint New Leadership

This past week, six credit unions made hires and promotions. Plus, League Infosight appointed a new executive and Space Coast Credit Union mourned the passing of a long-time board member. WEST The $1.4 billion Advantis Credit Union based in Clackamas, Ore., hired...