Americas

WICHITA, Kan. — With an eye toward growing talent, building leadership skills and helping credit unions, the Kansas Credit Union Association has created CUlead: Leadership Excellence and Development.

Sun Center FCU in LaGrange, Ohio, is merging with Firefighters Community CU, Cleveland.

Security National Bank in Sioux City, Iowa, said Thursday that it has agreed to purchase First Trust & Savings Bank in Moville, Iowa.

Heartland Financial in Dubuque, Iowa, has split the positions of president and chief executive, the company announced Wednesday.

ALEXANDRIA, Va. — Loan balances at credit unions are by more than 10% year-over-year for the third quarter, according to new data released Thursday by NCUA.

WASHINGTON — NAFCU's board is meeting with senior officials of the Federal Reserve Thursday to discuss key credit union issues, as well as to present findings from trade's annual report on the movement.

WASHINGTON — The Cooperative Trust, the group for young professionals within the credit union movement, is calling for applications to "crash" CUNA's 2015 Governmental Affairs Conference.

James Ladio, a former chief executive of MidCoast Community Bank in Wilmington, Del., was sentenced to two years in prison for his role in a fraudulent loan scheme.

Target Corp. (TGT) must defend itself against claims that its failure to shield computer systems allowed hackers to steal the account data of millions of shoppers, forcing banks to reimburse fraudulent charges and issue new credit and debit cards.

The company spent several years cutting costs and exiting troublesome business to stay afloat. This year, however, management has been focused on upgrading branches and offering a small, unsecured loans to lure younger borrowers.