Two California Credit Unions are Seeking to Merge 07/02/2024 07:31 pm RIDGECREST, Calif.–Two California credit unions have announced plans to merge.
Treasury Finalizes Reporting Rule for Cryptocurrency Brokers 07/02/2024 07:30 pm WASHINGTON—The Treasury Department has finalized a rule requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service.
Ken Raymie Exits as CEO of Generations FCU; Interim Leader Named 07/02/2024 07:30 pm SAN ANTONIO–Ken Raymie has exited as CEO of the $757.2-million Generations Federal Credit Union. CFO Rick Divina has been named the interim CEO.
MCU Foundation Awards 16 Scholarships 07/03/2024 10:04 am NEW YORK--The MCU Foundation, the charitable arm of Municipal Credit Union, has awarded 16 high school seniors and recent graduates with $5,000 each to assist educational expenses.
Patelco CU’s Systems Remain Down as It Confirms It Has Been Hit by Ransomware Attack 07/03/2024 01:03 pm DUBLIN, Calif.–The online banking system at Patelco Credit Union remains down, affecting more than 500,000 members, with the credit union now confirming it has been hit by a ransomware attack.
Blaze CU Opens New Branch Inside Cub Foods 07/03/2024 12:04 pm STILLWATER, Minn.–Blaze Credit Union has opened a new branch in the Cub Foods here.