BIRMINGHAM, Ala.—The $601-million Alabama Telco Credit Union has changed its name to Avadian Credit Union. The credit union said it made the move to reflect a broad field of membership that now includes more than 600 select employee groups and local communities.
WASHINGTON—The interest, effort, and effectiveness of Americans to save personally was much higher during January of 2015 than it was during January of 2014, according to data collected earlier this month by America Saves for its triannual Personal Savings Index (PSI).
RICHARDSON, Texas—Texans CU posted its third consecutive year of growth under NCUA’s control, showing 2014 net income of $21.7 million.
WASHINGTON—Criminals impersonating IRS officials were on the rise last year, as was tax-related identity theft, according to a new report.
WASHINGTON– The Financial Crimes Enforcement Network (FinCEN), working closely with the U.S. Securities and Exchange Commission (SEC), has assessed a $20-million civil money penalty against Oppenheimer & Co., Inc. for “willfully violating” the Bank Secrecy Act (BSA).
ST. LOUIS—Robert McKay has been named the new CEO of Anheuser-Busch Employees’ CU effective March 1.
MADISON, Wis. – CUES has announced its call for entries into the 2015 CUES Golden Mirror Awards, which recognize marketing brilliance and honor the movement’s most successful marketing campaigns.
ALEXANDRIA, Va.—Pentagon FCU is looking to expand into Omaha, Neb.
DULUTH, Ga.—Credit unions in Georgia provided their members with direct benefits of more than $125.2 million from October of 2013 through September of 2014, according to the semi-annual Member Benefits Index (MBI) released by Georgia Credit Union Affiliates.
ROCKFORD, Mich.—Rockford Community FCU is being absorbed via merger by the $125-million Community West Credit Union in Kentwood, Mich. RCFCU’s facility will become a branch of Community West.
