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EAU CLAIR, Wis. – Royal Credit Union has named Tad Carlson vice president of IT solutions and development.

NEW YORK–A man has been arrested and arraigned on an 18-count indictment for identity theft and the embezzlement of thousands of dollars that victimized a bank but involved a threat that could hit a credit union at any time, as it involved a mobile deposit app.

IRONDALE, Ala.–Corporate America Credit Union (CACU) said it is now a funding agent for the RTP network, the real-time payments network operated by The Clearing House (TCH)

BROOKLYN CENTER, Minn.–Members of Electrus FCU here have voted to merge into SPIRE Credit Union, with the credit union to now operate as Electrus–A Division of SPIRE Credit Union.

LITTLE FALLS, Minn.–The former president of a credit union here has been sentenced to eight years in prison. Margurite Cofell, 62, pleaded guilty in April to one count of fraud in what prosecutors called a multi-million-dollar scheme.