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Former My Community FCU Loan Officer Guilty in Auto Loan Kickback Scam
Michael Ross Franco, a former loan officer at My Community Federal Credit Union, was arrested and pled guilty this week to defrauding the cooperative out of more than $4 million in an auto loan kickback scam.
NCUA: Number of Credit Unions Decrease, but Q3 Financial Numbers Improve
Third-quarter Call Report information released Thursday by the NCUA shows that while the number of credit unions continues to fall, the financial condition of those remaining continues to improve.
Xceed Financial to Take In Safeway LAFCU
Members of the financially troubled Safeway Los Angeles Federal Credit Union in Norwalk, Calif., decided this week to merge with the $746 million Xceed Financial Credit Union in El Segundo, Calif.
CUNA's MBL Rally Draws a Packed House: Slide Show
Rep. Spencer Bachus (R-Ala.) shakes the hand of CUNA President/CEO Bill Cheney. Bachus, chairman of the House Financial Services Committee, was a surprise guest at the Tuesday night reception.
Two More Mergers Await Final Approval in California
Four more California credit unions are waiting for merger approvals from the state's Department of Financial Institutions. In October, the $142 million Community First Credit Union in Santa Rosa, Calif.
UNFCU Names William Predmore to Succeed CEO Michael Connery
The 99,000-member, $3.7 billion United Nations Federal Credit Union has promoted a new CEO from inside its own ranks, the credit union has announced.
Hurricane Sandy: CUANY Reaches Out, Lights on at Yonkers CU
Let there be light! SUMA FCU Treasurer/COO Ihor Makarenko is all smiles as the generators provided by the CUANY create electricity at his 7,000-member credit union.
Frank Mancini Promoted to CEO at Connex Credit Union
The $380 million, 46,000-member Connex Credit Union in New Haven, Conn., has named Frank Mancini as its next president/CEO. Mancini has been with Connex since 2003 as chief financial officer.
4 More Tough Years for Coal
Since Obama's first presidential election victory, Peabody Energy (NYSE: BTU ) , Arch Coal (NYSE: ACI ) , Alpha Natural Resources (NYSE: ANR ) , Cliffs Natural Resources (NYSE: CLF ) , and Natural Resource Partners (NYSE: NRP ) all have underperformed ...
Tonik Show - Mita (Parodie: Loredana - Apa feat. Cabron)
Tonik Show prezinta o noua productie! Mita, mita, mita e placerea mea mea mea mea la la la la la la. Nu ma sperie DNA Si cate nopti si zile am stat.