Fresh Today

BISMARCK, N.D.–Robbie Thompson, president and CEO of the Credit Union Association of the Dakotas, is leaving the organization to become executive director of the Professional Liability Underwriters Society (PLUS) in Minneapolis. His last day with CUAD will be July 23.

LONDON–A new study on recent global cash demand shows that cash demand is increasing more than three times faster than worldwide economic growth rates. The study from the ATM Industry Association looked at year-on-year growth in currency in circulation in a range of 30 countries in advanced and developing economies over a five-year period from 2009-2013.

BIRMINGHAM, Ala./TALLAHASSEE, Fla.–During the first quarter of 2015, membership in Florida CUs passed the five-million mark for the first time, while CUs in Alabama approached two million members, according to the League of Southeastern Credit Unions & Affiliates.

GRAND RAPIDS, Mich.–CU*Answers said it is joining with First United Credit Union in Grandville, Mich. to launch what it says is the first CUSO-to-CU internship program.

ORLANDO, Fla.–The operator of a bogus credit union here has pleaded guilty to wire fraud. Samuel J. Cusumano, Jr., 65, pleaded guilty to wire fraud in connection with the fraudulent solicitation of more than $17 million from 400 investors of what was called “Storehouse Credit Union,” which was registered in Sweden.