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LANGLEY, B.C.— First West Credit Union has released its first-ever Impact Report, showcasing how the member-owned cooperative is balancing financial performance with meaningful social, environmental and community impact across British Columbia.  

WASHINGTON— Reports from older adults who lost $10,000 or more—often their entire life savings—to scammers impersonating government agencies or businesses have more than quadrupled since 2020, according to new analysis from the Federal Trade Commission.

SANTA MONICA, Calif. —Credit unions should expect more of their members to show up at the auto loan desk already underwater on their existing loans, a new report suggests.

NEW YORK — Metropolitan Commercial Bank has secured dismissal of a 53-count lawsuit that alleged it played a complicit role in the collapse of crypto lender Voyager Digital. A federal judge ruled the complaint failed to plausibly establish claims of fraud or unjust enrichment, Law360 said.

WASHINGTON—The CDFI Fund is preparing to launch a new version of the CDFI Information Mapping System (CIMS), a web-based tool that enables organizations to visually plot eligible service areas and investments in support of their Certification or funding applications, the organization said.

RUSSELLVILLE, Ark.—Officials with Arkansas Federal Credit Union, the city of Russellville, and the Russellville Chamber of Commerce held a ribbon-cutting ceremony on Thursday to celebrate the credit union’s newest branch, and first location in Russellville. 

WASHINGTON—America’s Credit Unions announced Tuesday that Scott Simpson will succeed outgoing president and CEO Jim Nussle.

WASHINGTON--As a growing number of consumers turn to credit unions, banks are pushing out information to discredit their people-first efforts, America's Credit Unions noted.