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LOS ANGELES–A former chief executive of a credit union who allegedly embezzled $40 million from his Studio City employer over the past two decades pleaded not guilty on Thursday to a federal criminal complaint charging him with siphoning off the funds to pay for gambling, expensive cars and watches and travel by private jet.

SAN RAMON, Calif.–Lumin Digital, a PSCU company, said it has joined the Amazon Web Services (AWS) Partner Network as an Advanced Technology Partner.

MADISON, Wis.—In follow-up to a meeting between the Basel Committee on Banking Supervision and representatives of the World Council of Credit Unions, WOCCU has written to the Committee seeking further guidance on “when less-complex regulatory approaches can be warranted for credit unions.” 

MELBOURNE, Australia—Australia’s regulatory and legislative environment was the topic of focus Wednesday for a delegation of U.S. credit union industry executives participating in a World Council of Credit Unions’ study trip taking place this week, as CUToday.info reported here.

HARRISBURG, Penn.–With Earth Day approaching on April 22, Pennsylvania State Employees Credit Union is encouraging its more than 250,000 members who still receive paper statements to opt into e-statements—and save more than 12-million sheets of paper per year in the process.

HOLLAND, Mich.– Lake Trust Credit Union celebrated the grand opening of its new branch at 3370 West Shore Drive adjacent to Meijer on this city’s north side

BELPRE, Ohio–Michael B. Iaderosa, president and CEO of Riverview Credit Union, has announced retirement plans, with the credit union also naming a successor.

MADISON, Wis.—Summit Credit Union has announced the winner of its Project Teen Money 2019 program, an annual interactive challenge encouraging students to learn about finances.