Admitted $40 million CU embezzler faces September sentencing
Edward Rostohar, 62, the former president/CEO of the $21 million CBS Employees Federal Credit Union, is scheduled to be sentenced in September after he pleaded guilty to one count ...
The latest from John Pettit
What will it take to hit the instant payments tipping point?
Instant payments is an innovation that doesn’t require much explanation. Getting immediate access to money is an obviously better solution than waiting for the check to arrive in the ...
Post Reg CC: How have you adopted?
Banks and credit unions face many challenges when it comes to the minimization of risks and losses, but the level of acceptance varies for new solutions built to meet the ...
Another worry of a credit union lender
For CUES member Marty Pell, CIE, SVP/chief lending officer for $3.2 billion Coastal Federal Credit Union, Raleigh, North Carolina, the economic landscape is top of mind when it ...
3 secrets to employee retention and executive development
With the unemployment rate hitting a 50-year low of 3.6%, credit unions across the nation are competing like never before in a highly fluid job market. A 2018 Gallup ...
How financial marketers can unlock data gates to lifestyle segmentation
Financial institutions have been scrambling to develop a data analytics roadmap to drive their digital transformation efforts. Yet senior leaders often fail to prioritize one mission-critical step early enough to ...
FCUs must be allowed access to federal courts, says CUNA brief
CUNA supports federal credit unions’ access to federal courts via diversity jurisdiction, one of the two methods for a federal court to have jurisdiction, the association indicated in an amicus ...
Treasury’s Phillips to leave department
Treasury Department Counselor Craig Phillips is expected to leave the department next month, according to Politico. NAFCU has met with Phillips several times on housing finance issues, most recently in ...