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TUCSON, Ariz.— Hughes Federal Credit Union awarded seven high school seniors $2,000 scholarships to pursue higher education, which it said is part of its commitment to support financial literacy in the community.

LOS ANGELES–University Credit Union has named the winners of 30 scholarships as part of its 2024 Staaff Assembly Scholarships & Awards Program through the  through the Staff Assembly Financial Endowment (SAFE) Scholarship Fund. 

BOCA RATON, Fla.—As more credit unions focus on real-time payments they should also be paying attention to whether their members’ mortgage tax escrow payments are being made instantly, as well, says one expert.

RICHLAND, Wash.–A former employee of HAPO Community Credit Union has admitted to stealing thousands of dollars from a mobile ATM used at community events, according to a new report.

DULUTH, Ga. –Georgia United Credit Union has opened a new branch in downtown Atlanta on Marietta Street. 

LEWISTON, Idaho–An employee at the Lewiston branch of Idaho Central Credit Union has allegedly been fired and is facing a grand theft charge after allegedly stealing over $60,000 from the credit union.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a proposed rule amending financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs to explicitly require that such programs be “effective, risk-based, and reasonably designed,” enabling financial institutions to focus their resources and attention in a manner consistent with their risk profiles.