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MADISON, Wis.—The World Council of Credit Unions (WOCCU) in May partnered with FENACOAC, its member credit union association in Guatemala, to launch the first phase of an innovative last-mile financial inclusion initiative designed to deliver essential services to indigenous women, youth and other marginalized populations in isolated rural villages. 

LACEY, Wash.—TwinStar Credit Union has agreed to a $1.75-million settlement to resolve a class-action lawsuit alleging it charged unfair overdraft and NSF fees, according to Top Class Actions.

SPRINGFIELD, Mass.—A former accountant has pleaded guilty in federal court to participating in a bank fraud conspiracy that defrauded financial institutions—including at least two credit unions—of millions of dollars by securing commercial mortgages using falsified documents, MassLive reported.