Who is Your Best CEO? Credit Union Makes Its Choice 03/12/2024 07:14 pm NASHVILLE, Tenn.–Your Best Credit Union has named a new president and CEO to succeed the retiring Joe A. Menninger, Jr.
Truliant FCU Acquires P1 Finance Holdings from Peach State Credit Union 03/12/2024 07:09 pm ATLANTA—Truliant FCU has acquired P1 Finance Holdings, a premium finance company, from Peach State Credit Union in Georgia.
Wife of Murder Suspect Sentenced for Stealing from CU, Including Theft from One of the People Murdered 03/12/2024 07:14 pm PORTLAND, Ore.– Monet Tyler-Warren, the wife of murder suspect Kirkland Warren, has been sentenced for stealing from a local credit union.
Shipbuilders Seeks New Port: Two Wisconsin CUs Announce Plans to Merge 03/12/2024 07:14 pm SHEBOYGAN, Wis.–Two Wisconsin credit unions said they will seek to merge.
Payments Platform Checkbook in Partnership With Visa Seeking to Expedite Disbursements 03/12/2024 07:09 pm SAN FRANCISCO—Payments platform Checkbook has entered said it is partnering with Visa to expedite disbursements to businesses, institutions, and individuals across endpoints nationally.
Honduras Regulator Prohibits Cryptocurrencies in Country 03/12/2024 07:09 pm TEGUCIGALPA, Honduras—The Honduran National Banking and Insurance Commission (CNBS) has prohibited cryptocurrencies from the country’s financial system.
President’s Proposed Budget Includes Slight Increase for CDFI Fund; $4 Million for CDLRF 03/12/2024 07:14 pm WASHINGTON—President Biden’s budget request for fiscal year 2025 includes $325 million for the Treasury’s Community Development Financial Institutions (CDFI) Fund, an increase of $1 million from the 2023 level.
Keesler FCU Buys Naming Rights to Minor League Stadium 03/12/2024 07:14 pm BILOXI, Miss.–Keesler FCU has bought the naming rights to the stadium here previously known as MGM Park.
Another California CU Subject of Negative Coverage on OD Practices, This Time for Allegedly Hurting ‘Young Marines’ 03/13/2024 07:36 pm OCEANSIDE, Calif.–Another California credit union has found itself the subject of negative media coverage over its overdraft practices, in this case for the OD revenue it sees from “young Marines.”
Following Claim That CU Purchases of Banks ‘Raise Questions’ Over Tax Status, America’s CUs Responds 03/13/2024 07:36 pm WASHINGTON—In the wake of a claim by the National Taxpayers Union that credit union acquisitions of banks “raise questions” over the CU tax exemption, America’s Credit Unions has sent a response it says highlights “inaccuracies.”