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ALEXANDRIA, Va. –NCUA’s new Quarterly U.S. Map Review shows federally insured credit unions experienced growth in loans and the share of credit unions with positive net income increased during 2023, but results depend on the individual U.S. state.

WINSTON-SALEM, N.C.–Allegacy FCU here has reached a settlement in a case involving overdraft fees. The amount of the settlement was not disclosed, according to the Triad Business Journal.

WASHINGTON–A new survey commissioned by the American Bankers Association has found consumers believe Congress should examine the credit union tax exemption, and also allow cannabis banking.

ALBUQUERQUE, N.M.–First Financial Credit Union agreed to pay $1.6 million to resolve claims it failed to prevent a 2022 data breach that compromised member information, according to a new report.

WASHINGTON—A “core argument” opposing the credit union tax exemption made by the president emeritus and senior policy adviser at the Tax Foundation is “radically wrong,” according to America’s Credit Unions and the MD|DC Credit Union Association.

WASHINGTON—America’s Credit Unions has joined several other financial trade organizations in issuing a “Myth vs. Fact one-pager” that is designed to educate lawmakers and consumers about what the groups say are “common misconceptions regarding debit card interchange.”

DETROIT–The share of the auto financing market held by credit unions and banks has declined as the captive financing companies gained ground, according to a new report.