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WASHINGTON—America's Credit Unions and the Defense Credit Union Council Monday participated in a nationwide media tour from the National Press Club here featuring DCUC President and CEO Anthony Hernandez ACU President and CEO Scott Simpson in interviews with local and regional radio and television outlets across the country.

SAN DIEGO — What began last spring as a bid to create a roughly $13-billion Southern California credit union first bogged down in court and has now landed on NCUA’s desk amid a widening dispute over compliance and governance—leaving the future of a merger between San Diego County Credit Union and California Coast Credit Union deeply uncertain.

SAN DIEGO — The fight over the stalled merger between San Diego County Credit Union and California Coast CU escalated Monday after SDCCU’s outside counsel accused Cal Coast of being in “a state of denial”—a week after NCUA formally declined to move the deal forward in its current form.

WASHINGTON-- The Treasury Department’s Office of Foreign Assets Control has rolled out a new online portal that will change how financial institutions and other firms report potential sanctions violations, offering a faster, more transparent way to submit voluntary self-disclosures, OFAC said.

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Scott Simpson speaks during media event Monday.

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WASHINGTON — The Defense Credit Union Council is bracing for a likely Department of Homeland Security shutdown at midnight Friday, warning that Coast Guard members could be forced to work without pay while Congress remains stalled on a funding deal and broader policy fights complicate prospects for a quick resolution.

RICHMOND, Va.--The U.S. Court of Appeals for the Fourth Circuit on Monday revived part of a discrimination lawsuit against Navy Federal Credit Union, ruling that a lower court moved too quickly in barring class claims before discovery, Law360 reported.