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TUCKER, Ga.–GEMC Financial Credit Union has announced a name change. The CU, which is marking its 50^th anniversary, is now Go Energy Financial. The credit union was founded to serve employees of Georgia Electric Membership Cooperatives.

ARLINGTON, Va.—President Trump's acting chief of staff and director of the Office of Management and Budget, Mick Mulvaney, and Federal Housing Finance Agency Director Mark Calabria, have announced they will address NAFCU's Congressional Caucus in Washington Sept. 8-11.

MINT HILL, N.C. - A man has pleaded guilty here to skimming more than $70,000 from credit union members at just one ATM.

WASHINGTON—Ahead of the CFPB’s review of overdraft rules, both CUNA and NAFCU have submitted comments to the agency outlining their concerns that any changes should not increase regulatory burden on credit unions.

SAN FRANCISCO—For the first time in five years, rates of certificates of deposits have reversed course and are declining, a new report reveals. Separately, mortgage rates have also declined to a two-year low.

PHILADELPHIA–Approximately 400 members of Philadelphia Federal Credit Union have had their accounts hacked as the result of a breach.

WASHINGTON—A group of lawmakers participated in a briefing here to gain insights into the Financial Crimes Enforcement Network’s (FinCEN) use of artificial intelligence and machine learning technology to detect illicit financial activity.

As the credit union industry experiences record-setting growth and continues to absorb more of the leading company market share, competition is as fierce as ever – both in terms of securing new clients and recruiting talented employees.

WASHINGTON—Outstanding consumer credit at credit unions fell for the month of May, according to the Federal Reserve's G. 19 report. This was the second monthly decline in 2019.

HANSCOM AFB, Mass.–For the second year in a row, Hanscom Federal Credit Union has been named the “Best Credit Union in the U.S. That Anyone Can Join” by Kiplinger’s Personal Finance magazine.