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ALEXANDRIA, Va.–If there is a consistent theme among the 10 latest credit unions to announce merger plans, it is many had negative net income through the end of the third quarter.

ANN ARBOR, Mich.—Credit union service has undergone a “precipitous decline,” according to one of the authors of a highly-respected national service study, who points to how big banks just keep getting better at digital delivery while “credit unions are headed in the wrong direction.”

ST. PETERSBURG, Fla.—The trend of credit transactions outpacing debit continued in October, reported PSCU, which added early signs indicate holiday spending could be weaker this season.

SEOUL, South Korea–Representatives of five credit unions from Oregon travelled overseas to do a “deep dive examination” of South Korea’s largest credit union system, according to the World Council of Credit Unions.

LAS VEGAS–WestStar Credit Union has named a new president and CEO to succeed the retiring Rick Schmidt.

ANSING, Mich. — CUNA and the Michigan League have named the 2022 recipients of the Dora Maxwell Social Responsibility Community Service Award, Louise Herring Philosophy-in-Action Member Service Award, and Desjardins Awards for Financial Education.

PRESCOTT, Wis- The Royal Credit Union Foundation has made a $25,000 gift dedicated to the construction of Fairy Wonderland Park here.

TACOMA, Wash.–Members of Tacoma Narrows FCU have voted to merge with Cascade FCU with the merger now in effect.

NEW YORK—Credit unions may have a present and future  opportunity  to help members refinance card debt, as a new report reveals the Fed’s big interest rate hikes are pushing average credit card interest rates to new records.