LANGLEY, B.C.— First West Credit Union has released its first-ever Impact Report, showcasing how the member-owned cooperative is balancing financial performance with meaningful social, environmental and community impact across British Columbia.
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WASHINGTON— Reports from older adults who lost $10,000 or more—often their entire life savings—to scammers impersonating government agencies or businesses have more than quadrupled since 2020, according to new analysis from the Federal Trade Commission.
NEW YORK — Metropolitan Commercial Bank has secured dismissal of a 53-count lawsuit that alleged it played a complicit role in the collapse of crypto lender Voyager Digital. A federal judge ruled the complaint failed to plausibly establish claims of fraud or unjust enrichment, Law360 said.
WASHINGTON—The CDFI Fund is preparing to launch a new version of the CDFI Information Mapping System (CIMS), a web-based tool that enables organizations to visually plot eligible service areas and investments in support of their Certification or funding applications, the organization said.
OXFORD, Ala.—The $442-million AOD Federal Credit Union here has agreed to buy the Prattville, Ala., branch of Merchants & Farmers Bank of Greene County, the CU announced.
WASHINGTON--President Donald Trump has named Stephen Miran, chair of the Council of Economic Advisors, to fill a key seat on the Federal Reserve Board of Governors, following the resignation of Adriana Kugler last week, CNBC reported.
WASHINGTON--Any effort to attach an interchange amendment to the FY 2026 National Defense Authorization Act (NDAA) is strongly opposed by the credit union industry – a point America’s Credit Unions made in a letter to Senate leaders.
ROMULUS, Mich. – A TikTok plea for help with college tuition has turned into a life-changing moment for one Wayne State University student—thanks to the CEO of a local credit union.
INDIANPOLIS—A former credit union branch manager has been indicted for allegedly stealing more than $350,000 from member accounts at an Indianapolis branch, The Indiana Lawyer reported.
NEW BRITAIN, Conn.—A Connecticut trial court judge has ruled that Whittlesey PC—the state’s largest accounting firm—must face a lawsuit brought by the former CEO of Sound Federal Credit Union, who claims he was fired for following the firm’s accounting advice regarding a $1.2 million property sale, Law360 reported.
