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WASHINGTON–Recent headlines related to credit unions have renewed a call by the banking industry for Congress to take action.

COSTA MESA, Calif.–Even as financial health remains troubling low for many Americans, most are resolving to improve in 2024, according to a new survey by J.D. Power.

JACKSONVILLE, Fla. – Even though members of 121 Financial Credit Union have now voted in favor of merging into VyStar Credit Union, some members are now objecting to the combination, according to a new report.

DALLAS–ALM First, which offers depositories offering commission-free, fee-based advice, is reporting it has now assisted in more than half of all public industry securitizations, playing a role in seven of the 11 such transactions to date. 

VIENNA, Va.–Navy Federal Credit Union agreed to a $5.5 million settlement in a class action lawsuit that claimed it breached its agreements with account holders by assessing fees on debit transactions.

MEMPHIS–A Tennessee appellate court has rejected a decision by Tennessee’s state regulator that blocked the purchase of a bank by a credit union.

MADISON, Wis.–One of the keynoters who will address the World Council of Credit Unions’ World CU Conference this summer has been named.

MIRAMAR, Fla. –Tropical Financial Credit Union said it raised $4,199 for Emma’s Foundation for Canine Cancer. 

On Jan. 26, 2022 I wrote a detailed analysis of the transfer of $10 million of members’ capital to a nonprofit organized by the former CEO and chair of the now-merged Finance Center Credit Union in Stockton, Calif.

IRVINE, Calif.–Credit Union Direct Lending, better known as CUDL and now an Origence brand, is marking its 30th anniversary in 2024, and noting it has funded $458 billion in vehicle loans over its three-decade history.