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NORTH AUGUSTA, Calif.–SRP Federal Credit Union announced that Mel Valenzuela will be joining the organization’s leadership team as the new Vice President, Chief Lending Officer. 

LAWRENCEVILLE, Ga.– Two Georgia credit unions have announced plans to merge.

ALEXANDRIA, Va.-The $20-billion PenFed Credit Union said it is reaffiliating with CUNA, but it will not be reaffiliating with the Virginia league.

WASHINGTON–NAFCU staff met with senior staff of the House Financial Services Committee to discuss the “Financial CHOICE Act” from committee Chairman Jeb Hensarling (R-TX) to discuss reducing the regulatory burden.

MARLBOROUGH, Mass.–The Credit Unions of Rhode Island raised a record-breaking $90,900 for Special Olympics Rhode Island during the 2015/2016 fundraising season.

WASHINGTON–NAFCU and CUNA have outlined ways they believe NCUA can improve its examination and supervision processes.

AUSTIN, Texas–Buzz Points, a provider of a rewards and marketing platform, has announced the results of a study it commissioned, "The Total Economic Impact of Buzz Points," that was by Forrester Consulting.

DES MOINES, Iowa–Credit unions are being warned that payments and related services account for roughly two-thirds of the largest financial institutions’ revenue, and consumers are beginning to turn elsewhere for these services.

BOSTON­–Battery Ventures, a global investment firm, reported it has reached an agreement to acquire Bluepoint Solutions, a privately owned, financial technology company based in Henderson, Nev., that has numerous credit unions as clients.

WASHINGTON–Both NAFCU and CUNA said they are pleased to see the CFPB has made a number of requested clarifications in its Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosure (TRID/RESPA) rule, but both groups are also calling for additional changes in the final rule.