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WASHINGTON — As the state of Washington’s new tax on credit union bank acquisitions officially takes effect, longtime dealmaker Michael Bell says the law is already achieving the opposite of what lawmakers may have intended.

MINNEAPOLIS, Minn.--The Minnesota Timberwolves and Minnesota Lynx on Wednesday announced a multiyear partnership naming Wings Credit Union the official credit union of both franchises.

WASHINGTON — Repeated government funding fights are likely to slow — and potentially reshape — how credit-union priorities move through Congress this year, according to Jason Stverak, chief advocacy officer at the Defense Credit Union Council.

PANAMA CITY, Fla. The $654-million Innovations Financial Credit Union has named Scott Gladden president and Chief Executive Officer, the organization announced.

SAN ANTONIO—For decades, credit unions have wrestled with the same stubborn question: how do you bring younger members into a cooperative system built largely around older generations?

INVER GROVE HEIGHTS, Minn.—Heartland Credit Union and Novation CU have announced plans to merge, creating a combined Minnesota-based credit union that would serve members across 11 counties, pending regulatory and member approval, according to a joint announcement.