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VIRGINIA BEACH, Va.–Chartway Federal Credit Union recently together with local leaders for two ribbon-cutting celebrations at local branches in Portsmouth, Va. and Suffolk, Va., which also included a special Wish Proclamation for four-year-old Parker in partnership with Make-A-WishGreater Virginia. 

WESTERLY, R.I.–Joseph N. Cugini, well-known to many in credit unions for his long career in the movement, has died. Mr. Cugini was 89.

WINSTON-SALEM, N.C.–Truliant Federal Credit Union has filed a lawsuit against BB&T and SunTrust Banks as they plan to merge and form a new $28-billion bank to be called Truist. The credit union’s complaint alleges the new name is too similar sounding to its own.

AMARILLO, Texas–Education Credit Union here has named a new CEO. The $268-million ECU said it has selected Eric Jenkins to lead the organization.

MENLO PARK, Calif.–Facebook has formally announced its plans to launch a cryptocurrency called Libra, saying it will offer a secure blockchain-based payment system backed by hard assets and designed for mainstream users.

PORTLAND, Maine–Town & Country FCU expanded its “Rock the House” event this year to include a Benefit Kick-Off Concert. 

MADISON, Wis.–CUNA Mutual Group has announced the launch of Horizon II, a new generation of the MEMBERS Horizon Variable Annuity.

MIAMI--Patsy Van Ouwerkerk, retired CEO of Travis Credit Union and current consultant with Mitchell, Stankovic & Associates, was honored with the Founders Award from CO-OP Financial Services during the cooperative’s THINK 19 Conference.

ORLANDO, Fla.–It may seem obvious, but real-time payments are really about time–and consumers increasingly expect to use as little as possible to make purchases or exchange money, according to one person.

LANSING, Mich. — LAFCU has awarded $5,000 in scholarships to two college-bound high school seniors through its 2019 Write to Educate Essay Contest.