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ELKO, Nev. – Elko FCU has announced a total bonus payout and dividend of $750,000 to members through the 2023 calendar year. Deposited to accounts in January, the $750,000 member payout is its largest single-year dividend and payout in its 64-year history, according to the $263-million Elko Federal.

HONG KONG–In a scam that is also a growing threat to credit unions, an unidentified employee who works in finance at a multinational firm here was reportedly tricked into paying $25 million to fraudsters who used deepfake technology to pose as the company’s CFO in a video conference call, according to Hong Kong police.