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Credit Union Journal

Saturday, February 4, 2012, as of 04:17 AM EDT

General News

Arkansas FCU Gives $68,000 To Children’s Hospital

Feb 03

LITTLE ROCK, Ark. – Arkansas FCU has contributed $68,000 to the Arkansas Children’s Hospital Foundation.

CommonWealth One FCU Announces July Retirement Of CEO

Feb 03

ALEXANDRIA, Va. – CommonWealth One FCU on Thursday said John Blair, its president and CEO for the past 18 years, is retiring as head of the $295-million credit union in July.

Earnings Flat At Cardtronics

Feb 03

HOUSTON – Cardtronics, an important electronic funds transfer switch for credit unions, yesterday reported a 29% increase in fourth quarter revenues to $174.2 million.

Fiserv Has Surge In Fourth Quarter Earnings

Feb 03

BROOKFIELD, Wis. – Fiserv reported a 23% rise in fourth quarter profits, fueled by an 8% rise in revenues to $1.16 billion.

OUR CU’s Tom Zamberlan Ends 43 Years In CUs

Feb 02

ROYAL OAK, Mich. – OUR CU on Wednesday announced Tom Zamberlan is retiring as CEO of the $200-million credit union, ending a 43-year career in the credit union movement.

Former CEO Wins Retrial In Fraud Case

Feb 02

NORRISTOWN, Penn. – The former CEO of United Food and Commercial Workers Local 1776 FCU was awarded a new trial by a state court, which determined she was not fully aware “of the nature of charges against her” in December 2010 when she decided to represent herself at trial for embezzlement for paying herself unauthorized raises.

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Fraud & Risk Strategies

In this issue, Credit Union Journal offers expanded coverage of strategies to avoid fraud. No strategy is fail-safe and no credit union is immune. But there are strong, preventative steps every credit union can take in order to, if not stay ahead, remain abreast of the latest security challenges.

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