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JACKSONVILLE, Fla.–A former credit union that converted to a mutual savings bank charter in 2000 has now announced plans to convert from a federal bank charter to a state charter.

WASHINGTON—The National Pawnbrokers Association is suing the Department of Defense over changes to its Military Lending Act rule, asserting, among other things, that the DoD violated the Regulatory Flexibility Act by failing to consider the costs of compliance for small businesses, NAFCU reported.

Neighbors FCU Helps Finance Louisiana Purchase

Neighbors FCU Helps Finance Louisiana Purchase

CAROL STREAM, IL and COLUMBIA, SC—As part of its ongoing strategy of growth and expansion in data-driven communications it offers to credit unions, Carol Stream, Illinois-based Diamond Marketing Solutions (“DMS”) has acquired the statement processing services of Palmetto Cooperative, a Credit Union Service Organization (CUSO) specializing in payment services, member communications, and business process outsourcing.

RIO DE JANEIRO, Brazil–With the 2016 Summer Olympics now underway, CUToday.info got to thinking: What if credit unions could compete?