Fresh Today

HARAHAN, La. – The Louisiana Credit Union League has named a new president and CEO.

WESTBURY, N.Y.–Jovia Financial Credit Union said it is eliminating overdraft fees and also introducing a new “Carefree” checking option. The $4-billion credit union said it is the first in its market to eliminate the NSF fees.

MADISON, Wis.–The Worldwide Foundation for Credit Unions (WFCU) is reporting that in just six weeks it has raised more than $1 million for its Ukrainian Credit Union Displacement Fund.

WASHINGTON—CUNA wrote to House members in support of including the Secure and Fair Enforcement (SAFE) Banking Act, which would lift federal prohibitions on serving cannabis-related businesses, in the final version of the America COMPETES Act.

LAWRENCEVILLE, Ga.— In a sign that the automobile industry supply chain issues may be easing—or consumer demand is falling—Black Book’s Used Vehicle Retention Index has dropped for the first time since July of 2021.

WASHINGTON—The Federal Deposit Insurance Corporation has flagged concerns about crypto in a letter to banks that also included a request to be notified about any business they are conducting with digital assets.

WASHINGTON–NCUA has joined with other federal regulators in inviting comment on an interagency proposal to update the rules governing formal administrative proceedings for insured depository institutions.

JUNEAU, Alaska—True North Federal Credit Union has selected the PSCU for credit and debit processing support and services.

MONTPELIER, Vt.–With its former CEO and former board members publicly objecting to its proposed merger, the chairman of Vermont State Employees CU has now gone public with a defense of the merger.

JACKSONVILLE, Fla.–Two Florida credit unions have announced merger plans.