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WASHINGTON– U.S. banks had loaned out more than $1 trillion to non-deposit-taking financial institutions, also known as “shadow banks,” as of Jan. 31, according to a new report from the Federal Reserve.

HILLIARD, Ohio–Credit Union of Ohio has donated $25,000 to help bring a large-scale "Ohioans in Space" painting to the Ohio Statehouse to commemorate the significant accomplishments of astronauts born in Ohio, including John Glenn, Neil Armstrong, Jim Lovell, Judith Resnik. 

MANCHESTER, N.H. — St. Mary’s Bank has been voted Best Credit Union in NH Business Review’s 2024 Best of Business (BOB) Awards.

DAYTON, Ohio – Two loan officers at DayMet Credit Union received accolades for their Route 66 Extended Warranty Sales.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a Financial Trend Analysis (FTA) reflecting an increase in Bank Secrecy Act (BSA) reporting associated with the use of convertible virtual currency (CVC) and online child sexual exploitation (OCSE) and human trafficking.

ST. PETERSBURG, Fla.—Strong consumer spending is continuing in 2024, but there is a growing reliance on credit, PSCU reported, citing data from its February Payments Index.