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LAKE TAPPS, Wash.—What’s fueling credit union bank acquisitions this year, and where are the pressure points that could slow the pace?

NEW YORK—Despite repeated predictions that branches would fade into irrelevance, they remain firmly entrenched in credit union strategy. Branch closures may make headlines, but for many CU members the in-person experience is still indispensable, a new study confirms.

MILWAUKEE—The $7-billion Landmark Credit Union has named Timothy Mackay president and chief executive officer, effective Oct. 13.

SAN JOSE, Calif.—FICO has rolled out the FICO Foundation Model for Financial Services (FFM), a new tool aimed at reducing AI “hallucinations” and helping financial institutions generate lasting value from generative AI, the company announced.

WASHINGTON--The Financial Crimes Enforcement Network (FinCEN) issued a survey Tuesday specifically aimed at casinos, money servicing businesses, and other non-bank financial institutions to address anti-money laundering/counter financing of terrorism (AML/CFT) compliance costs – without a corresponding survey for credit unions and other financial institutions, America's Credit Unions pointed out.

BISMARCK, N.D./SIOUX FALLS, S.D.– Jeff Olson has resigned as president/CEO of the Dakota Credit Union Association, the league announced.