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SANFORD, Maine–Two Maine credit unions have announced plans to merge to create a CU with more than $700 million in assets.

CHESTERFIELD, Mo., NewGround, the architecture, design, and delivery firm, is reporting it received a 93% overall client satisfaction score for 2018 through the C.A.R.E. (Consistent, Available, Reliable, Engaged) Assessment Program.

RALEIGH, N.C.–Coastal Credit Union said it has paid out more than $3.3 million in special dividends to eligible members through its Loyalty Bonus program.

WASHINGTON—NAFCU reiterated to the Federal Communications Commission (FCC) its concerns related to the definition of an automatic telephone dialing system (ATDS) and the need for clarity under the Telephone Consumer Protection Act (TCPA) to ensure credit unions can contact their members without fear of breaking the law.

CHICAGO –– Despite a year in which institutions insured by the FDIC reported a nearly 30% increase in net income, financial institution CFOs who say they are “very confident” in their institutions’ abilities to manage the financial impact of evolving business circumstances dropped to just 22% in 2018 from 35% the previous year, according to a new report.

EAST WINDSOR, N.J. – The $426-million McGraw-Hill Federal Credit Union has announced a proposed merger with the $24.4-billion Pentagon Federal Credit Union.

ARLINGTON—Total vehicle sales decreased to a rate of 16.7 million annualized units in January.

NEW YORK–Many auto dealers have started 2018 with heavy inventories of unsold vehicles on their lots, with analysts suggesting the situation could put pressure on manufacturers to cut factory output as U.S. auto sales cool, according to a new report.

WASHINGTON—The CFPB has updated and published its lists of rural and underserved counties for 2019 for credit unions and other lenders to use in determining whether certain Truth in Lending Act (TILA) mortgage rules apply.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced its COOPER Fraud Analyzer is now part of CO-OP Shared Branch services to participating credit unions, with all network transactions flowing through the interface of this account-based risk management solution.