GRAND BLANC, Mich.—The $1.52-billion ELGA Credit Union is reaching well beyond its state’s borders to buy the $650-million Marine Bank & Trust, based in Vero Beach, Fla.
Fresh Today
PONTIAC, Mich.–A new zero-percent down mortgage program has been launched by one of the nation’s largest mortgage lenders, and some analysts are expressing worries about how the loans could eventually hurt borrowers.
BOSTON–With its own data showing 95% of credit unions are chasing prospective Gen Z members, a new report has found it’s a “fickle” generation—but it’s also ripe for using more products from credit unions.
WASHINGTON–America’s Credit Unions is using a relatively quiet period in Congress this week to raise its ongoing concerns around Regulation E and the liabilities increasingly being faced or potentially faced by credit unions.
NEW YORK—While OpenAI's latest chatbot (GPT-4o) offers an array of “flashy” new features, experts are throwing some water on expectations around the new technology, especially when it comes to cybersecurity, according to a new report.
VALDOSTA, Ga. — The former president of a Georgia credit union has been sentenced to serve four years in prison and ordered to repay $4.5 million in restitution after admitting to running a multimillion-dollar fraud scheme.
ALEXANDRIA, Va.– NCUA is reminding that it is marking Minority Depository Institution Awareness Month during June with a number of events related to MDIs.
TACOMA, Wash.–Sound Credit Union has launched a promotion for all members who open or refinance an auto loan that automatically enters them into a special drawing. The prize: the winner will have their auto loan balance paid off by Sound, up to $40,000.
MADISON, Wis.–The World Council of Credit Unions will host a webinar titled “ATM Crime: It's What You Don't Know That Can Hurt You” on June 11. The webinar will begin at 11 a.m. E.T.
ROCKY HILL, Conn.–Two Connecticut credit unions are reporting they have completed a merger.
