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WASHINGTON –NAFCU recognized Visions Federal Credit Union’s Director of Government Affairs, Patricia F. Shermot, with the association’s 2019 Paul Revere Award.

PITTSBORO, N.C.–One man has been arrested here for allegedly entering a credit union branch, firing two shots and taking a branch manager hostage.

SAN JUAN, Puerto Rico—After two years of efforts, the Financial Oversight and Management Board for Puerto Rico is reporting little to no progress in reforming the Public Corporation for the Supervision & Insurance of Cooperatives in Puerto Rico (COSSEC), a new report claims.

ARLINGTON, Va.—Credit unions remain focused on providing loans to small businesses, but overall loan growth has weakened considerably, according to NAFCU's second-quarter CU Industry Trends report.

WASHINGTON—The Financial Accounting Standards Board (FASB) will be holding a number of meetings this week with the current expected credit loss (CECL) standard on the agendas.

COLUMBUS, Ohio—Corporate One Federal Credit Union said it has committed to become a Funding Agent for credit unions looking to provide real-time payments capabilities to their members on the RTP network developed by The Clearing House (TCH).

MILWAUKEE, Wis.–Corporate Central has hired Dace Bregantini as a Financial Strategist.

BISMARCK, N.D.––The Credit Union Foundation of the Dakotas (CUFD), the charitable arm of the Credit Union Association of the Dakotas, held its Third Annual Golf Scramble fundraiser at the Apple Creek Country Club, and with the participation of more than 40 golfers as well as event sponsors, nearly $8,000 was raised. 

LONE TREE, Colo. — Two college students squared off against each other here in a field goal kicking contest sponsored by Canvas Credit Union, the Official Credit Union of the Rocky Mountain Showdown the football game between the University of Colorado and Colorado State.