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WASHINGTON—Credit, operational, and compliance risks are the key concerns for the federal banking system, the Office of the Comptroller of the Currency (OCC) stated in its Semiannual Risk Perspective for Fall 2017.

BARTLESVILLE, Okla.–Truity Credit Union has named a new president and CEO. The $776-million Truity has selected Dennis Halpin to lead the organization, effective upon current CEO Kelly Diven’s retirement at the end of 2018.

COLORADO SPRINGS, Colo.–A new arts center named after a credit union has opened here. The 92,000-square-foot Ent Center for the Arts is now open on the campus of the University of Colorado, Colorado Springs.

AUSTIN, Texas– FirstClose, a provider of technology solutions for mortgage lenders, announced it signed 65 new deals and hired 17 new employees in 2017

WASHINGTON–A letter to NCUA Chairman J. Mark McWatters from Senate Finance Committee Chairman Orrin Hatch (R-UT) that questions the validity of the credit unions' federal tax exemption has drawn responses from both credit unions and bank groups alike, with the latter saying it’s pleased to see someone challenging what it called the “credit union power grab.”

LA HABRA, Calif.–Credit Union of Southern California (CU SoCal), with assistance from the La Habra Chamber of Commerce, held a ribbon cutting ceremony to unveil a full-service branch to its members and the public.

RALEIGH, N.C. – State Employees’ Credit Union is reporting that during 2017 it provided more than 120 shred events at branches across the state, with thousands of members taking advantage of the complimentary service.