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WASHINGTON—Once the Financial Crimes Enforcement Network’s new customer due diligence rule becomes effective May 11, 2018, credit unions will be required to identify and verify the beneficial owners of business-type accounts.

WILKES BARRE, Penn.—VAntage Trust Federal Credit Union may have to vacate its branch on Department of Veterans Affairs land if the federal government gets its way. The government is attempting to evict the $57-million, the Citizens’ Voice reports. The CU has four other locations.

POTTSTOWN, Penn.–More than 100 students gathered at the Pottstown Middle School to participate in the Pottstown Reading Olympics, where representatives from Diamond CU, including the mascot, Chip, were on hand to cheer the students on.

FORT WORTH, Texas—You can’t believe everything you think. And yet many credit union executives do just that both in their professional and personal lives, never challenging that thinking, often because they are successful. And that can be a problem, says one person.