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WASHINGTON—Cyberattacks cost the U.S. economy more than $100 billion in 2016, with activity coming from inside the country as well as outside, according to a new report.

WASHINGTON—The U.S. Justice Department has reached a $613-million settlement with U.S. Bancorp over charges that it willfully failed to have an adequate anti-money-laundering program.

CINCINNATI–Cinfed Credit Union here said it has been approved to expand its community charter to markets that would essentially double its potential membership to 2.2 million from 1.1 million. It has also completed a small merger.

LANSING, Mich. — Two Lansing area credit unions have announced merger plans.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services has introduced MyCO-OP, a new client portal that will provide credit unions with secure, universal access to CO-OP applications through a single, highly intuitive user interface, the company said.

MUSKEGO, Wis. – QuantyPhi balance sheet optimization services will host a free ALM benchmarking webinar on Feb. 21 at noon CST.

BOISE, Idaho–Bankers joined with credit unions and a U.S. senator here in support of a piece of regulatory relief legislation.

PLANO, Texas–Even as credit unions are working to find a remedy, credit unions across Oklahoma are being hit with threats of class action lawsuits related to their websites and alleged violations of the Americans with Disabilities Act (ADA).

WASHINGTON—The undersecretary of the U.S. Treasury's Office of Terrorism and Financial Intelligence is calling on the international community to develop stronger cryptocurrency regulations to help protect the financial system and national security.

WASHINGTON—The Supreme Court has declined to intervene in a case centered on how the fate of Fannie Mae and Freddie Mac should be handled.