PITTSFIELD, Mass.–A local developer here is facing up to five years in federal prison after admitting he conspired with a vice president at Greylock FCU as part of a $4-million loan fraud scheme.
Fresh Today
WASHINGTON—The Commerce Department revised first quarter economic growth down slightly to 2% – the slowest growth in a year – in its recently released final estimate.
WASHINGTON—Defense-related credit unions are being reminded that "nothing is proposed to change for credit unions in their ability to receive nominal fee leases" as Congress works out the final details of the 2019 National Defense Authorization Act (NDAA).
PLEASANTON, Calif.–Patelco Credit Union said it has activated its Member Disaster Relief Plan to aid its hundreds of members potentially affected by the Pawnee Fire in Lake County, Calif.
DALLAS — Following the launch of a digital campaign launched in 2017, the Cornerstone Credit Union League said it is now expanding the effort to include more digital channels as part of a long-term initiative to affect consumer awareness.
ST. PETERSBURG, Fla.–Lumin Digital, a PSCU company, has entered into a partnership with ThreatMatrix, a LexisNexis Risk Solutions Co., that it said is designed to secure and improve consumers’ online and mobile banking experiences.
HERSHEY, Penn.–Two credit unions have announced changes in their respective corner offices.
WASHINGTON–Credit unions should now be prepared for their examinations to include compliance with “customer due diligence” (CDD) requirements.
LOUISVILLE, Ky.—Louisville Metro Police Officers CU, which was being investigated by NCUA late last year for alleged thefts and embezzlement, was liquidated Friday by NCUA.
BOSTON—CUNA is asking credit unions for $100 million in contributions over three years to fund the launch of marketing components for its credit union awareness program, “Open Your Eyes to a Credit Union.”