
Peter Strozniak
Reporter at Credit Union Times
Credit Union Times reporter covering marketing, human resources, fraud, mergers & acquisitions, state leagues, business continuity, and breaking news.
Articles
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1 week ago |
cutimes.com | Michael Ogden |Peter Strozniak
New filing cites recent federal ruling to argue NCUA Board lacks independent enforcement power, reinforcing protections against politically-motivated dismissal. Credit: JaRiRiyawat/Adobe Stock In a new legal filing, former NCUA Board Members Todd Harper and Tanya Otsuka are citing a recent federal court decision to bolster their argument that their removals by President Donald Trump were unconstitutional.
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2 weeks ago |
cutimes.com | Michael Ogden |Peter Strozniak
A federal judge will hear oral arguments Thursday in a closely watched lawsuit brought by former NCUA Board Members Todd Harper and Tanya Otsuka, who allege they were unlawfully removed from their positions by former President Donald Trump in April. The hearing is scheduled for 3:00 p.m. ET in Courtroom 19 of the U.S. District Court for the District of Columbia, with public access available via teleconference.
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2 weeks ago |
cutimes.com | Peter Strozniak
The unified organization’s 484 employees will manage $3.4 billion in assets, $2 billion in loans, and 25 locations serving nearly 179,000 members. CU SoCal President/CEO Dave Gunderson will remain in his role, and former LA Financial President/CEO Carol Galizia will serve as chief of strategic initiatives. LA Financial employees will be offered positions.
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3 weeks ago |
cutimes.com | Peter Strozniak
Federal judges have granted final approval for two class-action settlements in lawsuits alleging two credit unions discriminated against loan applicants based on their immigration status. The $6.5 billion Kinecta Federal Credit Union in Manhattan Beach, Calif., and the $1.5 billion One Nevada Credit Union in Las Vegas agreed to settlements in late May without admitting to any wrongdoing or liability.
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3 weeks ago |
cutimes.com | Peter Strozniak
After she joined Trax FCU in 2009 as a special projects manager, Stevenson also served as senior vice president of marketing. She was named executive vice president in 2024. Jessica Stevenson “Her passion and dedication to Trax and our members for over 15 years make her the ideal candidate,” Trax FCU Board Chair Tim McCorkle said in a prepared statement.
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Wishing these newly-appointed CEOs the best of success as they lead their credit unions into the future. https://t.co/7rjlKMxzvd

What I find lacking in NCUA's monthly administrative orders is that they don't report whether the former credit union employee made restitution. Isn't that information important enough to report?https://t.co/mTOxv0ecu3

ATM Solutions claims Ohio's largest credit union filed a misleading legal motion that that led to the company's insolvency and is countersuing Wright-Patt Credit Union for more than $29 million. https://t.co/HOJ5z2zdnm #Ohio #creditunions #Legal