OMAHA, Neb.—Everything is going mobile, and that now includes financial fraud.
Fresh Today
ATLANTA—Sources at several U.S. financial institutions say they have traced a pattern of credit card fraud back to accounts that all were used at different Chick-fil-A fast food restaurants around the country, according to security blogger Brian Krebs.
ALEXANDRIA, Va. – NCUA has issued six orders in December prohibiting the following individuals from participating in the affairs of any federally insured financial institution:
NEW YORK—E-mails and confidential documents from Morgan Stanley that have been revealed as part of a lawsuit against the Wall Street bank suggest that although it had claimed to be a victim in the mortgage crisis, it actually was pressuring subprime lender New Century to push into riskier and more onerous mortgages.
HERNDON, Va.—Northwest FCU is opening a new high-tech branch here it expects will not only streamline service but help to engage members with the credit union
SPRINGFIELD, Ore.—A man faces arson charges after setting a CU ATM on fire in an effort to cover up false deposits, Springfield Police said.
JAMESTOWN, N.D.—To mark its 75th anniversary this year, First Community CU has performed 75 random acts of kindness within the communities it serves.
MADISON, Wis.—A new manual has been published that seeks to introduce credit union operations to new CU employees and volunteers.
CORNELIUS, N.C.—An armed robber used a bicycle to make his getaway after robbing a credit union branch here.
BOSTON—Massachusetts’ state regulator is adding a new component—and an “S”—to CAMEL ratings to reflect added focus on Sensitivity to Market Risk.