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The Credit Union Wire

The Credit Union Wire

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Sunday, June 22, 2025

Category: Industry Insights

Uncovering the Iwaki Shinkumi Fraud Scandal: Essential Takeaways for US Credit Union Leaders on Risk and Governance
Industry Insights

Uncovering the Iwaki Shinkumi Fraud Scandal: Essential Takeaways for US Credit Union Leaders on Risk and Governance

Credit Union Wire May 19, 2025

Major Fraud Scandal at Iwaki Shinkumi Ltd.: Lessons for U.S. Credit Union Leaders A developing scandal at Iwaki Shinkumi Ltd., a credit union based in Iwaki, Fukushima Prefecture, has sent … Read More

“American Southwest Credit Union Expands into Gila Valley: A New Chapter for Thatcher’s Economic Growth”
Industry Insights

“American Southwest Credit Union Expands into Gila Valley: A New Chapter for Thatcher’s Economic Growth”

Credit Union Wire May 19, 2025

American Southwest Credit Union Breaks Ground on First Gila Valley Branch The expansion of American Southwest Credit Union (ASCU) into the Gila Valley marks a pivotal moment for both the … Read More

Southern Nevada’s Exclusive Leader: How Clark County Credit Union is Pioneering SBA 504 Lending Success
Industry Insights

Southern Nevada’s Exclusive Leader: How Clark County Credit Union is Pioneering SBA 504 Lending Success

Credit Union Wire May 19, 2025

Clark County Credit Union (CCCU) has achieved a significant milestone in the commercial lending space, becoming the only credit union in Southern Nevada to receive recognition in the 2024 Nevada … Read More

Navigating Uncertainty: Credit Unions on Alert Amid Open Lending Corporation’s Class Action Battles
Industry Insights

Navigating Uncertainty: Credit Unions on Alert Amid Open Lending Corporation’s Class Action Battles

Credit Union Wire May 19, 2025

Credit Union Executives on Alert: Open Lending Corporation Faces Multiple Class Action Lawsuits In a significant development for financial institutions working with lending technology providers, Open Lending Corporation (NASDAQ: LPRO) … Read More

“Why India’s Digital Banking Units Are Struggling: Challenges and Lessons for Financial Inclusion”
Industry Insights

“Why India’s Digital Banking Units Are Struggling: Challenges and Lessons for Financial Inclusion”

Credit Union Wire May 16, 2025

Digital Banking Units in India: A Well-Intentioned Initiative Struggling to Gain Traction India’s ambitious Digital Banking Unit (DBU) initiative, launched three years ago to bridge the financial gap for unbanked … Read More

“Mid Oregon Credit Union Reaches 50,000 Members and Unveils Sustainable New Headquarters in Bend”
Industry Insights

“Mid Oregon Credit Union Reaches 50,000 Members and Unveils Sustainable New Headquarters in Bend”

Credit Union Wire May 16, 2025

Mid Oregon Credit Union Hits 50,000 Member Milestone as It Opens New Headquarters Mid Oregon Credit Union, the only financial institution headquartered in Central Oregon, has achieved a significant milestone … Read More

“PSECU Strengthens Community Ties with New Full-Service Branch Opening in Lemoyne”
Industry Insights

“PSECU Strengthens Community Ties with New Full-Service Branch Opening in Lemoyne”

Credit Union Wire May 16, 2025

PSECU Expands Footprint With New Full-Service Branch in Lemoyne The Pennsylvania State Employees Credit Union (PSECU) has marked a significant milestone in its ongoing commitment to community banking by officially … Read More

Portland’s Wave of Credit Union Robberies Sparks National Security Overhaul: Key Strategies for Financial Institutions
Industry Insights

Portland’s Wave of Credit Union Robberies Sparks National Security Overhaul: Key Strategies for Financial Institutions

Credit Union Wire May 16, 2025

Portland Credit Union Robberies Highlight Rising Security Concerns for Financial Institutions In late October 2024, a series of audacious armed robberies targeted multiple Portland-area credit unions and banks, raising significant … Read More

Webinar: Transforming Credit Union Sponsorships Into Member-Driven Experiences
Industry Insights

Webinar: Transforming Credit Union Sponsorships Into Member-Driven Experiences

Credit Union Wire May 15, 2025

We’re excited to announce an upcoming webinar hosted in partnership with the Marketing Association of Credit Unions (MAC), where we’ll explore how credit unions can get more value and impact … Read More

Former Credit Union Manager Kelly Jo Muzzana Sentenced After Multi-Year Embezzlement Fraud at Altana FCU
Industry Insights

Former Credit Union Manager Kelly Jo Muzzana Sentenced After Multi-Year Embezzlement Fraud at Altana FCU

Credit Union Wire May 15, 2025

Former Credit Union Employee Sentenced for Embezzlement Scheme A Montana judge has sentenced Kelly Jo Muzzana, former operations manager at Altana Federal Credit Union in Billings, to 12 months and … Read More

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