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SAN JOSE, Calif.–CommonWealth Central Credit Union here has named a new CEO to replace the retired Craig Weber, who is stepping down after 27 years with the CU.

CORVALLIS, Ore.– Oregon State Credit Union has received the Oregon State Treasury Financial Empowerment Community Champion Award.

WASHINGTON– The Consumer Financial Protection Bureau said it is invoking a largely unused legal provision to examine nonbank financial companies that pose risks to consumers.

ARLINGTON, Va.–With Congress not expected to make much progress on substantive legislation in the near future, the focus for credit unions on Capitol Hill is increasingly on congressional hearings (see related story).

NEW YORK–The underwriting platform from Scienaptic AI, an AI-powered credit decision provider, has been named a winner in the 2022 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. 

WASHINGTON–There is a full slate of congressional hearings of interest to credit unions on tap this week on Capitol Hill.

SAN RAMON, Calif. – Patelco CU has opened its new City Center Bishop Ranch branch alongside the bakery Sprinkles in a first-of-its-kind shared space for Patelco, combining financial services with a community room that opens into Sprinkles.  

AUBURN HILLS, Mich.–Members of the $20-million Unified Communities Federal Credit Union have approved a merger into Genisys Credit Union.