VENTURA, Calif.–The former manager of Limoneira FCU has been sentenced to a year in prison after she was found guilty of using the credit union’s funds to pay her own personal bills and approved fraudulent wire transfers totaling nearly $250,000.
Fresh Today
WASHINGTON– After examining the growth of financial transactions in online video games and virtual worlds, the CFPB said it has found the platforms “increasingly resemble traditional banking and payment systems that facilitate the storage and exchange of billions of dollars in assets,” and consumers being harmed by scams or theft on gaming platforms and not receiving the protections they would expect under federal law.
DUBUQUE, Iowa–Dupaco Community Credit Union is using next week’s solar eclipse and the time until the next one appears in North America to put some sunlight on how savings can add up.
MADISON, Wis.— Thirty-six emerging leaders with the “potential to make a lasting impact in the credit union industry: have been selected to participate in the prestigious 2024 CUES Emerge program, offered in partnership with Currency Marketing, according to the organization.
PUEBLO, Colo.– SunWest Credit Union said it has added buy now, pay later (BNPL) financing to its suite of online banking products.
DUBLIN, Calif. –- Patelco Credit Union said it has welcomed its 500,000th member.
SAN ANTONIO– SWBC Property and Casualty Insurance Co. and SWBC RE, Ltd. are reporting both have obtained an initial A- (Excellent) rating from AM Best, the global credit rating service provider that specializes in the insurance industry.
NEW YORK–– Inclusiv is reporting it has been selected by the Environmental Protection Agency (EPA) for $1.87 billion in funding through the Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA).
WASHINGTON— The Independent Community Bankers of America is calling on the FDIC and NCUA to “immediately issue case-and-desist orders” to direct Navy Federal Credit Union “not to refer to itself as a bank.”
VIENNA, Va.–Navy Federal Credit Union has released additional details around its decision to offer private deposit insurance to customers of Community Bank, the overseas bank the credit union is now operating.