BOSTON—PenFed received the Department of the Army Distinguished Credit Union Service Award at the Defense Credit Union Council’s 53rd Annual Conference.
Fresh Today
HAVRE, Mont.– Peggy Teel has pleaded guilty to felony theft by embezzlement and stealing $130,000 from Bear Paw Credit Union.
NEWPORT BEACH, Calif.–The Richard Myles Johnson (RMJ) Foundation/CUNA Mutual Golf Tournament at the Newport Beach Country Club here helped raise a record $70,000 for the state foundation for credit unions in California and Nevada.
WASHINGTON–Credit Union Miracle Day (CUMD), the title sponsor group of the Credit Union Cherry Blossom Ten Mile Run, has added two new members to its board: John Bratsakis, president/CEO of the MD|DC Credit Union Association, and Karen Rosales, president/CEO of Arlington Community Federal Credit Union in Arlington, Va.
LONDON–There may be a lesson for credit unions in the simplicity of one insurance company’s newly released app.
HARAHAN, La.—With floodwaters beginning to slowly recede in this state, credit unions and their members are starting to take inventory of damage to their own operations, as well as the lives of members.
SANTA ROSA, Calif.–Redwood Credit Union is accepting monetary donations to assist those impacted by the Lake County Clayton Fire.
NEW YORK–A consent order has been issued to the $1.9-billion Melrose Credit Union by the New York State Department of Financial Services following a joint safety and soundness exam conducted by the Department and NCUA.
WOONSOCKET, R.I.—CVS Health has introduced CVS Pay, the company’s own mobile payments solution.
BROOKFIELD, Wis.—A new study shows that consumer use of digital banking—online, mobile and electronic payments—leads to higher revenue for financial institutions and stronger relationships.