Former Bookkeeper Admits To Keeping $2.5 Million Off Books Over 37 Years 07/20/2016 02:06 am DES MOINES, Iowa—Linda Lee Clark, a former bookkeeper for SCICAP CU, has admitted to embezzling nearly $2.5 million from the CU for more than 37 years.
Tulip Cooperative CU Says It Will Merge Into Larger CU 07/20/2016 02:08 am OLYMPIA, Wash.—The $2.6-million Tulip Cooperative CU here announced that it plans to merge with the $1.1-billion Harborstone CU, based in Lakewood, Wash. The merger is expected to be completed by Sept. 1, pending approval from state regulators and NCUA.
Members To Shape America First Offices 07/12/2016 08:12 pm RIVERDALE, Utah—One credit union is letting its members tell it how it should design its “branch of the future.”
InterLutions Rolling Out New Campaign Around Its ‘I-Care’ Solution 07/20/2016 02:09 am MUSKEGO, Wis. – InterLutions, Corporate Central Credit Union’s wholly owned CUSO, has launched a national advertising campaign to promote its new collaborative credit union healthcare solution, called I-Care.
Benson To Step Down As CEO At EPL 07/20/2016 02:11 am BIRMINGHAM, Ala.–EPL, the software development firm that serves credit unions nationwide, said that Wayne Benson has resigned as chief executive officer of EPL, Inc., effective August 5, 2016.
What New Survey On Mobile Banking Has Found 07/13/2016 01:23 am CHARLOTTE, N.C.—Interest in mobile banking just keeps on rising, according to a new survey that shows 62% of users polled prefer to use mobile or online banking the most over other banking methods.
World CU Conference Coverage: How 1 Gives Members 5280 Reasons To Care 07/20/2016 02:16 am BELFAST, Northern Ireland–One credit union has gone to great lengths to get its members personally invested in its brand.
Citibank Piloting Surcharge-Free ATM Network; Federation, CUs Participating 07/20/2016 03:17 pm NEW YORK—Citibank has formed the Citi ATM Community Network, a pilot program providing more than 300,000 accountholders of participating minority-owned banks and credit unions with the ability to withdraw cash with no surcharge fee at Citibank branch ATMs in six major markets.
CUES, CO-OP Plan Payments University; Hollen To Be Honored 07/19/2016 09:01 am MADISON, Wis./RANCHO CUCAMONGA, Calif.–In the coming year, CUES and CO-OP Financial Services announced they plan to bring a new payments program to the industry, and as part of the effort will honor Stan Hollen, who just retired as CEO of CO-OP.
Good Credit? Card APRs on Rise. Bad? APRs Decline. You’re Welcome, Responsible People 07/12/2016 01:19 am WASHINGTON—Credit card customers with good credit are seeing their interest rates climb this year, while those with weaker scores are seeing their rates decline.