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WASHINGTON–The American Bankers Association today filed a motion for summary judgment in its case challenging the National Credit Union Administration’s final rule expanding community based credit union fields of membership far beyond the limitations imposed by Congress.

TAMPA, Fla.–In an unusual move, Grow Financial FCU here has filed suit against GTE Financial Credit Union alleging that a former Grow Financial employee copied confidential information and provided it to GTE.

BIRMINGHAM, Ala.—Look for the credit union community to have a larger number of CUSOs than credit unions by 2025.

MADISON, Wis.–Credit union memberships grew at a record pace in the first quarter of 2017, adding 1.5 million new memberships, while lending continues to remain robust and liquidity looks to grow tighter, according to the latest Credit Union Trends Report from CUNA Mutual.

MIDDLETOWN, Penn./GREENSBORO, N.C.–Vizo Financial challenged its member credit unions to raise money for Children’s Miracle Network (CMN) Hospitals through a coin drive competition.

NEW YORK CITY--Municipal Credit Union (MCU) reported it hit new highs in 2016, its Centennial year. The credit union ended the year with more than 400,000 members and $2.48 billion in assets.

BISMARCK, N.D. - United Savings Credit Union of Fargo, N.D. was recently presented with the Growth & Progress Award by the Credit Union Association of the Dakotas at its annual Summit Awards Banquet. 

NEW YORK–Credit unions looking to duplicate the success Pentagon Federal Credit Union has had in the mortgage space might want to follow its rigorous internal meeting strategy.

HARRISBURG, Penn.–A wager on the Stanley Cup finals between the Nashville Predators and Pittsburgh Penguins has been placed by the leaders of the CU associations in the respective states.