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LONDON—A new study reveals that one in two U.K. households, with occupants aged 35 or under, could not afford an ad hoc bill or expense of just £250, without reverting to credit or financial help from their family.

ST. PAUL, Minn.–Minnesota Millennials’ preferences in financial services show “clear differentiation” from those of other generations, according to the biennial survey conducted by the Minnesota Credit Union Network.

HELENA, Mont.–Montana’s credit unions have named their 2017 Professional of the Year, while in Mississippi the state CU association has named its new board.

ROME, Ga.–Coosa Valley Credit Union will again this year be sponsoring one of its most popular initiatives. The $300-million CU is again replacing torn or faded American flags in the communities it serves.

HAUPPAUGE, N.Y.—GrooveCar’s auto leasing program for credit unions, CU Xpress Lease, has announced year-to-date volume is up 39% in Q1 2017 over Q1 2016.

WASHINGTON—The CFPB has added 60 days to the comment period on its request for information regarding the small-business lending environment. The deadline is now Sept. 12.

HOUSTON—The demise of cash has been greatly exaggerated, according to one credit union observer, and it remains king—for now.

RENO, Nev.–After 22 years with Great Basin FCU, including the last 10 as president and CEO, Dennis Flannigan has announced he will retire Jan. 31, 2018.

SAGINAW TOWNSHIP, Mich.–The former CEO of the now-defunct Valley State Credit Union has been charged with stealing more than $700,000 from the credit union.