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The pair subject to the regulator's March prohibition orders both pleaded guilty and were ordered to pay more than $320,000 in restitution, among other punishments.
March 29 -
Some institutions have benefited from revitalization in the Motor City but just as consumers fled for the suburbs decades ago, most CUs in the area are headquartered outside the city itself.
March 29 -
Credit unions have hired and promoted executives in member business lending, relationship management and more.
March 28 -
The Scarborough, Maine-based credit union also posted a more than 4 percent uptick in membership.
March 28 -
The Association for Black Economic Power will receive an interest-free forgivable loan and a grant from the city to help pay for a retail space and equipment for the effort.
March 27 -
The 14th annual California and Nevada Credit Unions for Kids Wine Auction was supported by 67 credit unions, business partners and hospitals.
March 27 -
Andy Reed, who currently leads Texas People Federal Credit Union, will become president and CEO of the Dallas-based institution in May.
March 27 -
Incenta Federal Credit Union in Englewood, Ohio, will merge into Pathways Financial in Columbus next week.
March 26 -
James Mears has served as COO of the Newport News, Va.-based institution for 15 years.
March 26 -
The Tacoma, Wash.-based Sound touted the deal as the first time a credit union bought a bank in the state of Washington.
March 26
