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BUNDABERG, Queensland, Australia­–A bank here is attempting to takeover a credit union—and offering members approximately $7,800 each to sign off on the deal.

LAKE FOREST, Ill.—A new study indicates financial institutions face a “service charge dilemma,” and that problem may be larger for credit unions.

ALEXANDRIA, Va. – NCUA’s Office of the Inspector General (OIG) has released its list of audits that it said would most benefit the agency in 2016. The information was included in the OIG’s 2016 performance plan.

GROTON, Conn.­–Charter Oak Federal Credit Union has paid out more than $438,000 in annual $100 cash bonuses to members of its Gold Rewards program.

WOODBRIDGE, Va.--Belvoir Federal Credit Union employees planned a day of remembrance and dedication by laying wreaths on soldiers final resting place at the Quantico National Cemetery in Quantico, Virginia and Arlington National Cemetery in Arlington, Va. 

LOMBARD, Ill.–Raddon Financial Group, a provider of financial industry research and trends data, reported that it added 50 new financial institution clients in 2015, including 40 credit unions, seven banks and three other institutions. 

BUCKINGHAM, U.K.–The Buckingham Council Cabinet has approved £30,000 in funds for a “rent-in-advance” program, with the funds to be accessible via a credit union.

WASHINGTON—The CFPB has sent warning letters to 17 colleges directing them to improve disclosure of school-sponsored credit card agreements.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is recommending that FIs include IP addresses and other cyber-derived information in the Suspicious Activity Reports (SARs) they file.

BEND, Ore.–A 28-year-old man here who allegedly robbed a credit union used the stolen money to buy a Christmas tree and then attempted to hide behind it as the police were closing in.