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DOVER, Del.—For years, credit unions have watched deposits quietly leak to Robinhood, Schwab, Fidelity and other digital-first platforms as members opened investing accounts outside the cooperative.

WASHINGTON—A senior Federal Reserve official is warning that strains in the fast-growing private credit market could spill over into the broader financial system if investor sentiment turns sharply negative.

EL PASO, Texas—GECU said President and CEO Crystal Long retired on April 30, concluding a tenure that helped grow the institution into one of the largest credit unions in the region, the CU reported.

NEW YORK--For credit unions, artificial intelligence is no longer a futuristic add-on—it is rapidly becoming a frontline retention and growth issue, according to a new PYMNTS Intelligence report produced in collaboration with Velera that argues the institutions moving fastest on AI, digital onboarding and member-facing technology are already pulling away from peers in both membership and asset growth.

SAN DIEGO—The legal dispute between San Diego County Credit Union and California Coast Credit Union is entering a new phase following a court ruling that dealt a significant blow to Cal Coast in the proposed $13-billion merger, with both sides now stepping back from immediate litigation activity.

DENVER—The Defense Credit Union Council is urging Colorado House lawmakers to reconsider SB26-134, warning the swipe-fee bill that cleared the Senate Friday could disrupt the payments system and create new costs for consumers, small businesses and credit unions.