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MAYNARD, Mass.—Young adults have traditionally been the primary market for purchasing prepaid cards, but there's a relatively serious decline underway in the number of 25-34 year-olds purchasing the  cards, a new report reveals.

NCUA approved 14 mergers in July 2018, an increase over the 12 of one month earlier.

MADISON, Wis. — Eleni (Lena) Giakoumopoulos has been named as the Program Director for the Global Women’s Leadership Network (GWLN) at the World Council of Credit Unions (WOCCU).

SEATTLE—Small businesses are getting a lift from the biggest online retailer in the nation.

MADISON, Wis.—CUES has named its Distinguished Credit Union Director of 2018. James Sackett, a volunteer with Firefly Credit Union in Burnsville, Minn., has been recognized by CUES with its Distinguished Director award, which honors a strong, CUES member volunteers whose achievements have strengthened their credit union.

WASHINGTON–The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.

HANSCOM AFB, Mass.–Hanscom Federal Credit Union recently welcomed Allyson and Bryan Ingram to the Hanscom FCU family when they became the first members to purchase a home through the credit union’s new 100% financed mortgage program. 

DUBLIN, Ireland–For the fourth year in a row, Ireland’s credit unions have been named as the top-ranked brand in terms of customer experience in the country. Credit unions finished ahead of Amazon and Netflix in the rankings by Ireland’s consumers.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services said it is donating $10,000 to CUAid, organized to help credit unions and their members in the areas impacted by Hurricane Michael.

WASHINGTON—Bureau of Consumer Financial Protection Acting Director Mick Mulvaney said the Bureau is working on a rulemaking to better clarify its definition of unfair, deceptive or abusive acts or practices (UDAAP).