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ALEXANDRIA, Va.–NCUA has posted updated information to assist credit unions in calculating their share of the $736-million payout being distributed by the National Credit Union Share Insurance Fund this year.

SAN FRANCISCO–San Francisco FCU has filed suit against the city of San Francisco seeking $28-million in damages it alleges have been caused by ride sharing services on the value of taxi medallions.

JACKSON, Miss.—Mississippi Gov. Phil Bryant named state Agriculture and Commerce Commissioner Cindy Hyde-Smith to fill the seat vacated by Sen. Thad Cochran (R-MI).

NEW YORK—A taxi medallion-lending credit union, Progressive CU, has sold a 19,105-square-foot office condominium in Midtown South here to Construction & General Building Laborers’ Local 79 for $18.1 million.

HAUPPAUGE, N.Y.–GrooveCar reports its indirect program for credit unions showed a 36% increase in auto loans for partners in 2017 over 2016.

HARRISBURG, Penn.–Pennsylvania’s largest credit union, PSECU, has bid farewell to Frank J. Breiner, who officially retired from his position on board after 45 years of dedication to the well-being of the credit union and its 430,000 members.

WASHINGTON–The members of the Federal Financial Institutions Examination Council (FFIEC), which include NCUA, have announced an update on their Examination Modernization Project that was undertaken as a follow-up to the review of regulations under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA).

ALLENTOWN, Penn.–A former credit union employee here has pleaded guilty to embezzling more than $600,000.

RADCLIFF, Ky. – Fort Knox Federal Credit Union is celebrating a new milestone: it has exceeded 100,000 members.

SAN FRANCISCO–Malicious mobile apps were on the decline in Q4 of 2017, largely due to a decrease in the inventory of AndroidAPKDescargar, the most prolific dealer of blacklisted apps, according to RiskIQ’s Q4 mobile threat landscape report.