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TACOMA, Wash. — Six people have been charged in a scheme to steal $345,000 from a credit union here.

WASHINGTON—Concerns with unsustainable burdens in negotiating mortgage closing cost fees on community-based mortgage lenders – including credit unions – are at the center of America’s Credit Unions’ letter to the CFPB in response to the Bureau’s request for information regarding fees imposed in residential mortgage transactions.

SEATTLE—Verity Credit Union said it has received a $383,223 grant from the Treasury’s Department’s Small Dollar Loan (SDL) program that it will utilize to develop a program offering unsecured loans of up to $2,500, with no prepayment penalty and the opportunity to repay in installments.

LIVONIA, Mich. – CUSG, a subsidiary of the Michigan CU League, said it has acquired InetSolution, a website design and hosting company that caters to banks and credit unions.

TOPEKA, Kan.--Four states will hold their primary elections today – Kansas, Michigan, Missouri and Washington.

WASHINGTON – The Protecting Consumers from Payment Scams Act has been introduced in Congress. Designed to protect consumers from fraud impacting payment apps and bank accounts,” the proposed bill has won the endorsement of a number of consumer groups.

CHARLOTTE, N.C.–Skyla Credit Union has introduced a new “Simply Prosper Checking Account” that pays 4.00% APY on balances up to $25,000 providing certain criteria are met.

FALCON HEIGHTS, Minn.–Blaze Credit Union has been honored with the 2024 HERBIE Award as the Inclusive Employer Champion by the St. Paul Area Chamber of Commerce (SPACC) and Ramsey County. 

FORT WASHINGTON, Penn.– TruMark Financial Credit Union has awarded its first Financial Difference Makers Scholarships, which are designed to honor high school seniors who demonstrate exceptional community service.