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CHICAGO–Several credit unions have been named among the finalists for the 2019 BAI Global Innovation Awards, which seek to recognize “transformative solutions in the financial services industry worldwide.”

NEW HAVEN, Conn.–The former CEO of a Connecticut credit union has pleaded guilty to diverting several-hundred-thousand dollars of his CU’s money to a restaurant where he also worked as a bookkeeper.

LONDON–The U.S. commercial real estate market flashed a warning sign in the first half of 2019, according to a new analysis.

WASHINGTON—CFPB Director Kathy Kraninger has been added to the agenda of NAFCU’s approaching Congressional Caucus. Kraninger is scheduled to discuss the agency’s current efforts and priorities.

MILWAUKEE, Wis. – CU-Save, the revenue enhancement and cost reduction service offered by InterLutions, has welcomed 10 new credit union partners.

ATLANTA–Banks and credit unions here were victims of nearly $2 million in fraud as part of a scam involving paperwork for car loans on vehicles that didn’t exist, according to the U.S. Attorney’s Office for the Northern District of Georgia.

PORT CHARLOTTE, Fla.–With Hurricane Dorian approaching Florida, one credit union here will become home to portions of the Charlotte County Sheriff’s Department.

COPENHAGEN, Denmark–While inconceivable to many Americans, a Danish bank has introduced a new mortgage with a negative interest rate. In other words, borrowers pay less on the mortgage than the amount borrowed, not including one-time fees.

WASHINGTON–The Treasury Department’s Community Development Financial Institution Fund and Native American CDFI Assistance Program (NACA Program) have received 546 applications from organizations across the country requesting a total of $579.54 million.

WASHINGTON—The Federal Housing Finance Agency (FHFA) has published a final rule that presents the standards, criteria and process that Fannie Mae and Freddie Mac (enterprise) will use to validate and approve third-party credit score models.