WASHINGTON—Credit union loans outstanding increased 0.6% in May, compared to a 0.7% increase in April of 2023 and a 2.1% increase in May of 2022, according to CUNA's latest Monthly Credit Union Estimates.
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LOUISVILLE--The Kentucky Credit Union League has named Jim Kasch president and CEO, the league announced.
BLOOMINGTON, Minn.–Two more Minnesota credit unions have announced plans to merge. The $92.3-million Star Choice CU and the $296.9-million SharePoint Credit Union said they are seeking to combine.
ALEXANDRIA, Va.–NCUA is reminding that credit unions and other stakeholders have until August 21 to submit comments on a proposed rule it said is designed to ensure the credibility and integrity of models used in real estate valuations.
CEDAR RAPIDS, Iowa–A woman who used other peoples’ personal information to obtain money from 30 credit unions and four businesses located in eight states has been sentenced to more than seven years in federal prison.
EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) has launched a new financial education initiative, “The Culture of Finances” that aims to reach the “underrepresented.”
WASHINGTON–Numerous big banks, including Wells Fargo, have been hit with a combined $549 million in fines for failing to maintain electronic records of employee communications.
TAMPA, Fla.– Trellance is reporting it continues to invest in AI technology, and is now delivering new natural language processing and generative AI -powered solutions to existing clients.
FORT KENT, Maine—Acadia Federal Credit Union is reporting it has “digitally transformed member services” through a partnership with Glia that has added a number of convenient digital-first service options and centralized its call center on the Glia Interaction Platform.
SAN JOSE, Calif.— PayPal has announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD).