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FLINT, Mich.–Two Michigan credit unions have announced plans to merge.

MADISON, Wis.–The need for true digital transformation at all credit unions is clear, but it won’t happen unless the right culture is in place, according to one expert, who offered strategies for getting culture aligned with where it needs to be.

RANCHO CUCAMONGA, Calif. – During Amazon’s annual Prime Day shopping holiday, total sales surpassed $11 billion, an all-time high for the massive e-commerce event, and debit cards were “far and away” the preferred spending tool for CU members, according to transaction data analyzed by CO-OP Financial Services’ SmartGrowth.

WASHINGTON–Moratoriums put in place by the federal government on mortgage foreclosures during the pandemic helped reduce foreclosures by 85% from June 2019 to June 2020, with foreclosures remaining low through February 2021, according to a new report from the Government Accountability Office (GAO).

SAN ANTONIO–PenFed Credit Union’s San Antonio Service Center has announced the recipients of its second quarter charitable donations.

SYRACUSE, N.Y. –Empower Federal Credit Union has been named as one of the 2021 Best Companies to Work for in New York. 

BANNOCKBURN, Ill.—Great Lakes Credit Union has made several new hires.

MEXICO CITY—Mexicans working abroad sent $4.51 billion home in May, a 31% increase compared to the same month of 2020, central bank data show.