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LOS ANGELES–To replace the trash bags kids in foster care are often given when they age out of the system or move, SCE Credit Union said it is donating a Comfort Case backpack and Barely Canadian hoodie to youth in foster care for every new account opened this month.

MAPLE GROVE, Minn.–Two Minnesota credit unions are seeking to merge.

WESTBURY, N.Y.– Jovia Financial Credit Union is launching a new CUSO, Jovia Commercial Lending LLC, to support credit unions and community banks seeking to manage and/or expand their commercial real estate lending services.

JACKSONVILLE, Fla. —Florida Gov. Ron DeSantis has signed into law House Bill 989, which designates credit unions as public depositories.

WASHINGTON–Shifts in U.S. population beginning in 2020 that were and are the result of the COVID pandemic have affected deposits and loans at community banks, even as rural areas saw gains in population and metropolitan areas saw declines, according to the FDIC.

ALBUQUERQUE, N.M.–A settlement has been reached in a class action lawsuit against First Financial Credit Union relating to a data incident that occurred between Jan. 17 and Feb. 6 of 2022.

NAPERVILLE, Ill.– Tracy Lafferty has been named CEO of QCash Financial, LLC, a wholly owned CUSO of Alloya. Lafferty replaces Seth Brickman in the role.

NEW YORK—About 700 financial institutions have connected to the Fed’s instant payment network—FedNow--since its debut in July of 2023, with at least 1,000 more in the pipeline, according to a new report.

WASHINGTON–Visions Federal Credit Union said it has made a contribution to the Future Fund created by the African American Credit Union Coalition.

HONOLULU – Hawaii State Federal Credit Union, in partnership with the Federal Home Loan Bank (FHLB) Member Impact Fund, has presented a donation of $10,000 to the Hawaii HomeOwnership Center to support its mission to provide education and information to create successful first-time homeowners in Hawaii.