Pro-CU Amendments To NDAA May Do More Harm Than Good, DCUC Warns 08/05/2025 07:56 pm WASHINGTON—Some credit union industry leaders across the country may be quietly planning to lobby lawmakers to attach pro-CU amendments to the National Defense Authorization Act (NDAA)—a move the Defense Credit Union Council warns could backfire on the industry.
Federal Reserve And FDIC Release Public Portions Of 2025 Resolution Plans For Major U.S. And Foreign Banks 08/05/2025 07:27 pm WASHINGTON—The Federal Reserve Board and the Federal Deposit Insurance Corporation have released the public sections of resolution plans—commonly referred to as “living wills”—for the eight largest and most complex U.S. banking organizations, along with 56 foreign banking entities. The institutions were required to submit their plans by July 1, 2025.
JPMorgan To Allow Crypto Purchases Via Chase Credit Cards In Coinbase Partnership 08/05/2025 07:35 pm NEW YORK— JPMorgan is teaming up with Coinbase to let customers use their Chase credit cards to fund wallets and purchase cryptocurrency on the exchange beginning in fall 2025, Reuters reported.
COPOCO Members Greenlight Merger With ELGA CU As Bank Deal Faces Delay 08/05/2025 07:30 pm GRAND BLANC, Mich.—Members of $104-million COPOCO Community Credit Union, based in Bay City, Mich., have approved a merger with $1.5-million ELGA CU here, MSN reported.
Fuel Solutions Offers A New Model For League Collaboration—Without Merging 08/06/2025 06:41 pm SACRAMENTO, Calif.—At a time when credit union leagues across the country are consolidating for scale, a new organization called Fuel Solutions is taking a different path—offering collaboration without consolidation.
Harper, Otsuka Push For Quick Reinstatement To NCUA Board 08/06/2025 06:22 pm WASHINGTON--Dismissed NCUA board members Todd Harper and Tanya Otsuka have filed a response opposing the stay that currently bars them from serving until the appeals process concludes.
Hope CU Grows Footprint, Welcomes 1st Choice CU Into The Fold 08/06/2025 06:44 pm JACKSON, Miss.—The $740-million Hope Credit Union here has agreed to merge in $33-million 1st Choice Credit Union in Atlanta, Hope CU announced.