Fresh Today

Fresh Today

ANTIGO, Wis.–Two Wisconsin credit unions have announced plans to merge. Members of the $79-million CentralAlliance Credit Union have voted in favor of merging into the $1.5-bllion CoVantage Credit Union, Tonni Larson, CEO of CentralAlliance, told the Antigo Times.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services said it has launched COOPER Fraud Analyzer, its advanced data-driven fraud mitigation tool, into pilot testing with four participating credit unions in the CO-OP Shared Branch network.

LOMPOC, Calif.–CoastHills Credit Union said it “disputes” claims made against it and a number of board members in a lawsuit filed by its former CEO and that it plans to “vigorously” defend its reputation.

HAMPSHIRE, U.K.—More than 33 billion data records will be stolen by cybercriminals in 2023 alone, an increase of 175% over the 12 billion records expected to be compromised in 2018, resulting in a cumulative loss of over 146 billion records for the whole period, a new study finds.

WOODSIDE, N.Y.—The performance of conserved LOMTO FCU continues to decline due to plummeting taxi medallion values in the New York City market. As of mid-year, the credit union was unprofitable and insolvent.

MADISON, Wis.–More than 750 credit unions raised nearly $1.5 million toward international development during 2017, while more than $200,000 was raised to help CUs hit by hurricanes in the Caribbean, according to the just-released annual report from the Worldwide Foundation.