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SANTA CLARA Calif.–More leadership positions for which credit unions are seeking candidates have been added to CUToday.info’s free job board, The Gig.

WASHINGTON—Credit unions considering entering the condo lending market may want to review a new study from Fannie Mae.

NEW YORK–More attention was pointed at the alleged mortgage lending bias at Navy Federal Credit Union when the Rev. Al Sharpton, founder and president of the National Action Network (NAN), joined attorney Ben Crump and nine alleged victims during a press conference to announce a class action lawsuit against the world’s largest credit union.

GREENBELT, Md.–With jury deliberations lasting less than 90 minutes, a former credit union employee has been convicted of conspiracy to commit bank fraud and aggravated identity theft.

PEMBROKE PINES, Fla.–Power Financial Credit Union said it is partnering with former Miami Dolphin and Hall of Famer Jason Taylor on a “mission to champion financial empowerment throughout South Florida.”

NORTH LIBERTY, Iowa–GreenState Credit Union said the $73 million loss it posted in Q4 2023 was the result of loan defaults and the fast increase in interest rates.

WASHINGTON–A new report issued by three bank regulators has identified declining credit quality trends as the result of higher interest rates on leveraged borrowers, as well as ongoing squeezes in some commercial market sectors.

NEW YORK— Not surprisingly, new research confirms that Americans who are already facing tight finances are more intensive users of buy now, pay later offerings, with the majority of them tapping the short-term installment payment programs five or more times a year.

GASDEN, Ala.–Alabama Teachers Credit Union has announced a new name and branding. Effective in October, the $531-million ATCU will begin operating as Emblem Credit Union.