Fresh Today

WASHINGTON—CUNA wrote to House members in support of including the Secure and Fair Enforcement (SAFE) Banking Act, which would lift federal prohibitions on serving cannabis-related businesses, in the final version of the America COMPETES Act.

LAWRENCEVILLE, Ga.— In a sign that the automobile industry supply chain issues may be easing—or consumer demand is falling—Black Book’s Used Vehicle Retention Index has dropped for the first time since July of 2021.

WASHINGTON—The Federal Deposit Insurance Corporation has flagged concerns about crypto in a letter to banks that also included a request to be notified about any business they are conducting with digital assets.

WASHINGTON–NCUA has joined with other federal regulators in inviting comment on an interagency proposal to update the rules governing formal administrative proceedings for insured depository institutions.

JUNEAU, Alaska—True North Federal Credit Union has selected the PSCU for credit and debit processing support and services.

MONTPELIER, Vt.–With its former CEO and former board members publicly objecting to its proposed merger, the chairman of Vermont State Employees CU has now gone public with a defense of the merger.

JACKSONVILLE, Fla.–Two Florida credit unions have announced merger plans.

FLINT, Mich.–Financial Plus Credit Union said it is now offering the “Greenlight Loan,” which it is describing as a unique quick-funded loan solution packaged with financial education.

INDIANAPOLIS–Indiana Members Credit Union has named a new CEO to succeed Ron Collier, who will be retiring at year-end after 37 years with IMCU.

COLUMBUS, Ohio–Two credit union leaders in Ohio have been honored for their contributions. Both people were recognized during  InVest48, the Ohio Credit Union League’s annual convention, at which more than 300 credit union leaders were in attendance.