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MENLO PARK, Calif.–Credit unions, CUSOs, CU trade groups and others have been broadly experimenting with new AI technologies such as ChatGPT, but a new report is warning there is a strong threat from malware at fake AI sites that can capture user accounts and take over businesses’ Facebook pages.

HENDERSON, Nev.–CU Pride Month in June will kick off with an education leadership conference and other events.

WASHINGTON—Following a lawsuit by the Federal Trade Commission, the operators of an alleged credit card debt relief scheme based in Tennessee have agreed to court orders that would permanently ban them from telemarketing and selling debt relief products or services.

LAWRENCEVILLE, Ga.—The recent trend of increasing used vehicle values shifted into reverse in April, Black Book reported.

WASHINGTON—Loans outstanding at credit unions increased 0.5% in February, compared to a 0.6% increase in January 2022, and a 1.0% increase in February 2022, according to CUNA's latest Monthly Credit Union Estimates.

AUSTIN—A Texas House committee has passed a bill to create 100% reserve gold- and silver-backed transactional currencies.

ALEXANDRIA, Va. —NCUA said it will host a public hearing on June  7 on a request from Dade County FCU to expand its existing community charter. The credit union is headquartered in Sweetwater Fla., which is in the Greater Miami area.

AUGUSTA, Maine–Maine’s credit unions have again testified in the state legislature against another proposal to create a state bank.

FRESNO, Calif.–Credit unions in two states have named new leadership.

MADISON, Wis.—The Worldwide Foundation for Credit Unions (WFCU) has announced that on July 25 it will recognize 18 people from seven countries as the International Credit Union Development Educator (I-CUDE) Class of 2023 at a special event held in conjunction with the 2023 World Credit Union Conference in Vancouver, B.C.