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WASHNGTON—Credit unions continue to be drawn into the political fight over Federal Reserve Governor Lisa Cook, as newly surfaced loan documents from Bank Fund Credit Union could bolster Cook’s defense against fraud allegations, Reuters reported.

FAIRMONT, W.Va.—Fairmont Federal Credit Union has disclosed a sweeping data breach that compromised highly sensitive member information, Cybernews reported. The $565-million credit union said attackers first accessed its systems nearly two years ago, yet the full scope of the incident was not determined until August 2025.

WASHINGTON—The Defense Credit Union Council has sent letters to Congress applauding bipartisan efforts to modernize outdated financial regulations—and urging lawmakers to extend similar reforms to credit unions.

WASHINGTON--The Department of Justice—on behalf of the NCUA—argued in court filings Friday there is no statutory language restricting the president’s at-will removal power, America's Credit Unions reported.

CHICAGO – Starting in November, the Federal Reserve’s FedNow Service will raise its network transaction cap tenfold, from $1 million to $10 million—a move expected to expand high-value payment options for financial institutions and their commercial clients.

WASHINGTON—Andrea Gacki, director of the Financial Crimes Enforcement Network, told lawmakers that the long-debated “mixer rule” is entering its final stage, CryptoDNES reported.

WARNER ROBINS, Ga. - Robins Financial Credit Union recently donated $260,000 to eighteen local non-profit organizations through their annual Community Project initiative.