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WASHINGTON–On the same day many attendees at CUNA’s Governmental Affairs Conference (GAC) were hiking the Hill to lobby their representatives, a bank trade group was calling on  lawmakers to “ask tough questions” about the credit union tax exemption.

JACKSON, Mich.--American 1 Credit Union has appointed Tim Hernandez to its Board of Directors.

WYANDOTTE, Mich.– Michigan Legacy Credit Union (MLCU) has opened its newly constructed Flat Rock branch, located at 22895 Gibraltar Road. 

SAN JOSE, Calif.–PayPal is being targeted by a class action suit over its buy now, pay later (BNPL) offering.

WASHINGTON—A group of Democratic senators are voicing concerns about the potential for cryptocurrencies to undermine U.S. sanctions against Russia and have asked the Treasury Department to explain how it will mitigate the risk.

PORTLAND, Maine–Arkatechture, which provides data analytics solutions, has formed a CUSO in combination withORNL FCU in Tennessee and Tucson FCU in Arizona as part of an effort it said will “help accelerate implementation of the firm’s data analytics platform Arkalytics into the credit union market.”

LEWISTON, Maine–A CEO who has been at the helm of her CU for more than 60% of its history has retired and a successor has been named.

FALCON HEIGHTS, Minn.–Members of one Minnesota Credit Union have voted in favor of merging into another.