TOPEKA, Kans.—Karolyn Stattelman, former manager of Jayhawk FCU, was sentenced in U.S. District Court here on embezzlement charges. Stattelman was sentenced to supervised release for three years and ordered to pay more than $173,600 in restitution.
Fresh Today
MADISON, Wis.–The CUNA CFO Council is seeking nominations for its inaugural CFO Awards, which will honor credit unions and individuals demonstrating financial management excellence.
FERGUSON, Mo.—Although Ferguson experienced another night of violent protests Tuesday, Alliance CU plans to open the doors of its branch here Friday.
WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) has assessed a $300,000 civil money penalty against a $4-million CU that during 2013 did $1.01 billion in outgoing wires and $984 million in remotely captured deposits.
WASHINGTON—Commercial banks and savings institutions insured by the FDIC reported aggregate net income of $38.7 billion in the third quarter of 2014, up $2.6 billion (7.3%) from earnings of $36.1 billion the industry reported a year earlier.
WATERLOO, Iowa – Veridian Credit Union joined with the United Auto Workers (UAW) Local 838 to host the Annual Mike and Leona Adams Thanksgiving Dinner here this week, which provided a free hot meal to more than 565 people. The Northeast Iowa Area Agency on Aging delivered an additional 350 dinners to its current Meals On Wheels recipients, meaning more than 900 people were fed this year.
RANCHO CUCAMONGA, Calif.– CO-OP Financial Services announced that it is a Visa “Engaged Issuer-Processor,” authorized to immediately service the enrollment of credit unions in Apple Pay, making it the only CUSO with this designation.
CHARLESTON, S.C.—How do cyber-thieves verify stolen credit and debit card data?
GOSHEN, Ind.—Traditionally limited to the day after Thanksgiving, Interra Credit Union is hosting a Black Friday Sale that is actually running all this week.
SAN DIEGO—In conjunction with the San Diego Chargers, San Diego County Credit Union sponsored “Chargers Drive XXXVI” here yesterday at the Town & Country Convention Center as part of a broad effort to collect blood donations. The long-running community event included appearances by Chargers players, live music, interactive activities, and free bone marrow registry testing.