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WASHINGTON—After months of speculation and concerns by credit unions that it would contain language requiring compliance by credit unions with the Community Reinvestment Act (CRA), Sen. Elizabeth Warren (D-MA) has officially  reintroduced the American Housing and Economic Mobility Act.

MODESTO, Calif.—Open leadership positions for which credit unions are seeking candidates continue to be added to The Gig.

MCLEAN, Va.— Capital One and Discover Financial have been hit with a lawsuit that alleges their proposed $35 billion merger would reduce competition, drive up prices and should be stopped.

LONDON—The U.K. ranks second for the most remittances sent in 2023, a new report from Visa reveals.

LIVONIA, Mich.–Zeal Credit Union said it has made an investment in CU WealthNext, LLC, a provider of what it calls “wealthtech” solutions.

NEWPORT NEWS, Va.–A man who was allegedly part of a robbery attempt at a credit union here was shot and killed by police.

BOULDER, Colo.–The Elevations Foundation, the charitable arm of Elevations Credit Union, has changed its name and branding. It is now called the Local Change Foundation.

NEPHI, Utah–Nephi Western Employees has introduced a new logo and branding.

NEW YORK— Proximity mobile payment transaction value will increase by 21.4% this year and by double digits through the end of 2028, according to a new report.

SNELLVILLE, Ga.—The African-American Credit Union Coalition (AACUC) has entered into the second phase of its Future Fund campaign, and the organization says that in addition to driving programs that address the racial wealth gap, the effort will also support small credit unions in an area critical to their ongoing success—succession planning.