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Christine “Chris” Linford

PSECU

PALM COAST, Fla.–The latest review of credit unions seeking to merge finds nearly all are below $10 million in assets (just two are between $40-$100 million in assets), and again uncovers CUs unable to find new managers, saying they simply can’t afford new technology (two of the CUs don’t have websites) and, in one case, offering a pretty unique formula for how it determined net worth should not be returned to members.

DALLAS—If a credit union is considering offering cryptocurrency services for its members—don’t begin with the members, one CEO is advising. Instead, start with board members.

BERLIN, Germany­­—After years of largely ignoring the cryptocurrency industry and considering it too speculative, too risky and too unregulated, Germany’s banks are beginning to change their position, according to a new report.