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PALM DESERT, Calif.— With identity theft losses now exceeding $1 billion each month, credit unions have an opportunity to combat this rising threat, deliver meaningful protection to members, and strengthen their bottom line at the same time.

PALM DESERT, Calif.—Despite mounting pressure from bank lobbyists and renewed threats to the credit union tax exemption, Washington credit union advocate John McKechnie told attendees at the Defense Credit Union Council’s Annual Conference that he sleeps just fine at night.

WASHINGTON—America's Credit Unions, the American Association of Credit Union Leagues, and state and regional leagues representing all 50 states and D.C. have sent a letter to Treasury Assistant Secretary for Tax Policy Kenneth Kies, defending credit unions' mission and calling out “banker hypocrisy.”

ST. PETERSBURG, Fla.– Velera has been named to the Forbes list of America’s Best Employers for Women 2025, the CUSO reported.

ALEXANDRIA, Va.--NCUA issued one consent-based prohibition order and two prohibition notices in July, the agency announced.

WASHINGTON—The Federal Reserve Board on Thursday joined other federal financial institution regulatory agencies, as well as the Financial Crimes Enforcement Network, in providing banks the flexibility to use an alternative method for collecting certain customer identification information.

WASHINGTON—The Defense Credit Union Council and the CU De Novo Collective Foundation have sent a joint letter to House Financial Services Committee Ranking Member, Rep. Maxine Waters (D-CA) expressing support for H.R. 4544 – the American Access to Banking Act.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to remain alert and report any suspicious activity related to convertible virtual currency (CVC) kiosks.

SAINT PAUL, Minn. — The Minnesota Credit Union Network has launched what it is calling a “bold” statewide consumer awareness campaign.