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ANCHORAGE, Alaska–Credit Union 1 here has named Mark Burgess as its new president and CEO.

ARVADA, Colo.—For several years Partner Colorado CU has intended to sell its cannabis banking CUSO, Safe Harbor Financial. And when the $185-million sale for the CU’s division was announced early this week, Sundie Seefried said it could bring a big payday for the CU’s members.

WASHINGTON–CUNA and numerous state credit union associations have joined with the American Bankers Association and state bank associations in a letter to Congress urging members to oppose the “deeply flawed” Credit Card Competition Act of 2022.

MADISON, Wis.–It’s the “big question” on everyone’s mind, according to CUNA Mutual Chief Economist Steve Rick: Is the U.S. economy is in a recession?

WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019, Fannie Mae reported.

WESTBROOK, Maine–With a new Maine law requiring teachers to incorporate financial education in their lesson plans in grades K through 12 this year, Maine’s credit unions have released a new financial education video designed to provide assistance.

PHOENIX – DDJ Myers, The leadership development firm, has been acquired by ALM First and is now DDJ Myers: An ALM First Company.

MADISON, Wis.–UW Credit Union awarded 10 students a combined $30,000 on behalf of its annual Community Values Scholarship program. 

GLASGOW, Scotland–Empathy isn’t about being nice. But it is about good business, according to one expert.

SPOKANE, Wash.–Credit unions here have entered into a partnership with the Spokane Low Income Housing Consortium as part of an effort to address a waiting list that can be as long as three years to obtain low-income housing.