MADISON, Wis.—Artificial intelligence is forever and irrevocably disrupting financial services, and credit unions will never be the same because of it, according to one person.
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MADISON, Wis.—The World Council of Credit Unions (WOCCU) closed out its first-ever virtual World Credit Union Conference with a celebration of its 50th anniversary.
REDONDO BEACH, Calif.– South Bay Credit Union has named a new president and CEO. The credit union has selected Paris Chevalier to lead the organization.
ARLINGTON, Va. – The National Association of State Credit Union Supervisors (NASCUS) has named two credit union leaders to one of its governing bodies.
PITTSFIELD, Mass.—Greylock FCU has expanded its partnership with PSCU, the CUSO announced.
WASHINGTON—CUNA is expressing support the Expanding Financial Access for Underserved Communities Act, which it said, “addresses the epidemic of the unbanked and underbanked in areas without sufficient financial services providers by improving access to credit unions.”
SALT LAKE CITY–Credit Unions for Kids has named an employee of a Texas Credit Union as the winner of a pledge challenge, allowing her to name the recipient of a $10,000 donation to a Children’s Miracle Network hospital. The funds were provided by CO-OP Financial Services.
SIOUX FALLS, S.D.–Sioux Empire FCU has a new name and brand. The $176-million credit union is now Bluestone Federal Credit Union.
LONDON—The U.K.'s Metropolitan Police reported it has seized $250 million worth of cryptocurrency, breaking a record set just three weeks prior for the largest crypto seizure in the country and most likely in the world.
ALEXANDRIA, Va.–With one board member saying he was doing so “begrudgingly,” the NCUA board has voted 3-0 to put out for 60-day comment proposed rulemaking around the Complex Credit Union Leverage Ratio.