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LOS ANGELES–Edward Rostohar, the former CU CEO who pleaded guilty from stealing more than $40 million from a $21-million credit union over two decades, has been sentenced to 169 months in prison. 

LAKE FOREST, Ill.—Deposit rates are changing more quickly than at any time in history, reveals a new study whose author asserts credit unions need to become extremely savvy about deposit pricing or risk losing funds needed to support lending.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has launched a Global Investigations Division (GID), which will be responsible for implementing targeted investigation strategies rooted in FinCEN’s unique authorities under the Bank Secrecy Act (BSA) to combat illicit finance threats and related crimes, both domestically and internationally.

MIRAMAR, Fla.–With Hurricane Dorian devastating parts of the nearby Bahamas, Tropical Financial Credit Union helped collect much-needed relief supplies for the thousands of storm survivors.

ROANOKE, Va.--Freedom First Credit Union has named Linda Johnson Chief Financial Officer