ALEXANDRIA, Va. – NCUA has issued six orders in December prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
Fresh Today
NEW YORK—E-mails and confidential documents from Morgan Stanley that have been revealed as part of a lawsuit against the Wall Street bank suggest that although it had claimed to be a victim in the mortgage crisis, it actually was pressuring subprime lender New Century to push into riskier and more onerous mortgages.
HERNDON, Va.—Northwest FCU is opening a new high-tech branch here it expects will not only streamline service but help to engage members with the credit union
SPRINGFIELD, Ore.—A man faces arson charges after setting a CU ATM on fire in an effort to cover up false deposits, Springfield Police said.
JAMESTOWN, N.D.—To mark its 75th anniversary this year, First Community CU has performed 75 random acts of kindness within the communities it serves.
MADISON, Wis.—A new manual has been published that seeks to introduce credit union operations to new CU employees and volunteers.
CORNELIUS, N.C.—An armed robber used a bicycle to make his getaway after robbing a credit union branch here.
BOSTON—Massachusetts’ state regulator is adding a new component—and an “S”—to CAMEL ratings to reflect added focus on Sensitivity to Market Risk.
ALEXANDRIA, Va.—In the wake of a $300,000 fine to North Dade Community Development CU for significant Bank Secrecy Act (BSA) violations, NCUA is now providing guidance to CUs that create partnerships with money service businesses (MSBs).
MIDLAND, Mich.—After giving back $11 million to members in 2013, Dow Chemical Employees’ Credit Union will deliver record-breaking Member Giveback Rebates and Rewards for 2014.