Case Study Placing a hold on check fraud: Verafin helps Veridian prevent over $1.2M in check fraud loss. Rapid growth causes challenges throughout an organization. This is particularly the case for a financial institution and its fraud detection efforts. In 1990 Veridian CU was a $200M-in-assets community credit union servicing people living or working in Waterloo and Cedar Falls, Iowa. By 2009, the credit union’s assets grew to $1.69B. Today, Veridian has grown to $5.5B-in-assets with 30 branches located across Iowa and Nebraska — servicing over 200,000 members. Now the second-largest credit union in Iowa, and fifty-seventh largest in the U.S., Veridian’s product offerings have kept pace with the institution’s exceptional growth. Trina Becker, Manager of Loss Prevention, has been wi

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