LEBANON, Pa.—The $538-million Lebanon Federal Credit Union has named Matt Gehman as its new president and CEO, LebTown reported.
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CHARLOTTE, N.C.—Wells Fargo must face trial in a disability discrimination and retaliation lawsuit brought by a former finance manager after a federal judge in North Carolina denied the bank’s motion for summary judgment, finding factual disputes that must be resolved by a jury. The ruling allows key claims under the Americans with Disabilities Act and related retaliation allegations to proceed, Law360 said.
HATTIESBURG, Miss.—The $142-million CenturyFirst Federal Credit Union here has agreed to merge with $5.1-million Water's Edge FCU, with members of the Biloxi, Miss.-based credit union scheduled to vote on the proposal Aug. 25, according to NCUA and merger materials distributed to members.
WASHINGTON--The House Financial Services Committee began marking up a series of bills Tuesday, including several that would provide credit unions with resources to combat fraud and update fraud liabilities.
WASHINGTON—A bloc of conservative House Republicans on Tuesday derailed Speaker Mike Johnson's effort to advance the fiscal 2027 National Defense Authorization Act (NDAA), defeating a procedural rule needed to bring the annual defense policy bill to the floor and throwing the House agenda into uncertainty, The Hill reported.
MADISON, Wis.—CUES and TruStage Tuesday announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, a year-long leadership development experience designed to expand access to advanced executive preparation across the credit union movement.
WASHINGTON--The amendments process is underway for the House FY27 National Defense Authorization Act, and America’s Credit Unions wrote to the House Rules Committee Monday to urge inclusion of two potential amendments and express opposition to two others.
WASHINGTON--Speaker of the House Mike Johnson (R-LA) officially transmitted the 21st Century ROAD to Housing Act to the White House Monday, America's Credit Unions reported.
TAMPA, Fla.--Credit unions should view agentic artificial intelligence as a tool for strengthening member relationships—not simply cutting costs or replacing employees—according to executives participating in a PYMNTS discussion on the future of AI in financial services.
MIAMI—Mississippi had the highest rate of debt delinquencies in the nation during the first quarter of 2026, according to a new analysis from WalletHub that found Southern states dominate the rankings for borrowers falling behind on payments.