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ARLINGTON, Va.–NAFCU Services Corp. has announced the finalists for the 2016 Innovation Awards, which are the highest distinction offered to a NAFCU Services partner.

WASHINGTON—NAFCU has released a collection of compliance resources regarding recent changes to Military Lending Act (MLA) rules – including NAFCU’s Final Rule report, webcasts and blog posts – to assist credit unions in meeting their growing MLA regulatory compliance responsibilities.

MINNEAPOLIS, Minn.–The $1.3-billion Workers’ Credit Union is partnering with MEMBERS Development Company, a CUSO that facilitates collaboration through shared R&D and cost savings among some of the nation’s largest credit unions

HAMPSHIRE, U.K.–A new survey has found near universal satisfaction among mobile banking users in the U.K., with 98% of those surveyed stating that they were “very happy” or “quite happy” with their service.

LANSING, Mich.–The Michigan Senate, by a vote of 37-0 has passed a six-bill package that modernizes the Michigan Credit Union Act. It is the first time the Act has been updated since 2003.

DENVER–The Mountain West Credit Union Association has become the latest to say it has purchased a shared-ownership stake in Plexcity, which offers consolidated backoffice functions, primarily to state CU Leagues.

TUSCALOOSA, Ala.–Alabama One Credit Union, which has been operating under state conservatorship and which has been involved in high-profile litigation here, has named William "Bill" C. Wells II as its CEO.

RIVERSIDE, Calif.–Mark Hawkins, the long-time president of Altura Credit Union, has announced plans to retire in February of 2017.

LISBON, Portugal–Lenders paying borrowers for their mortgages? 

WASHINGTON–Criticism of the Wall Street banks is hardly limited to credit unions—one bank trade group executive also had some harsh words for the largest of institutions.