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This is the second in a two-part look back of a Jan. 26, 2022  article on the transfer of $10 million of members’ capital to a nonprofit  by the former CEO and chairman of what was then Finance Center Credit Union in Stockton, Calif., which has since merged into Valley Strong Credit Union in Bakersfield. 

MADISON, Wis.–Lending at credit unions slowed in November, the savings-per-member ratio appears to have bottomed out, loan quality will decrease this year, and CU membership grew at its slowest pace since 2020, according to the new Trends Report from TruStage.

MADISON, Wis.— The World Young Credit Union Professionals Network (WYCUP) said it has awarded scholarships to six young credit union professionals from four different continents. The scholarships include an all-expense paid trip to credit union events in either the Caribbean or United States along with several virtual events throughout 2024.  

RALEIGH, N.C.–  Professional League Resources (PLR), a subsidiary of the Carolinas Credit Union League (CCUL), said it has entered into a partnership with Dolphin Debit, the ATM and ITM management company. The partnership will offer member credit unions a fully managed ATM & ITM-As-a-Service solution, providing a more efficient alternative to in-house ATM management, PLR said.

WAYZATA, Minn.– Nook, a provider of niche experiences, said it has entered into an agreement TopLine Financial Credit Union in Maple Grove, Minn. to implement its ​​Niche Experience Platform to enhance the member experience.