Who’s Watching The Watchers? Credit Union Boards Urged To Reflect On How They Govern Themselves 09/03/2025 06:37 pm MADISON, Wis.—Credit union boards are tasked with a vital mission: to govern the institution in service of its members. But according to governance expert Dr. Amy Hillman, many boards may be neglecting an equally important responsibility—governing themselves.
As More U.S. Consumers Struggle With Rising Prices, Many Turn to Artificial Intelligence for Financial Advice 09/03/2025 06:45 pm TROY, Mich.—As inflation strains household budgets and more Americans slip into financial vulnerability, consumers are increasingly turning to artificial intelligence for financial guidance—a shift that signals both a warning and an opportunity for banks and credit unions, according to new data from J.D. Power.
Rodney Hood Rejoins Zest AI Board 09/03/2025 06:42 pm BURBANK, Calif.— Rodney Hood, former NCUA chairman and acting Comptroller of the Currency, has rejoined the board of directors at Zest AI.
Judge Orders $228M Restitution In EminiFX Ponzi Case 09/03/2025 06:41 pm NEW YORK— A Manhattan federal judge has ordered Eddy Alexandre and his company, EminiFX, to pay more than $228 million after the Commodity Futures Trading Commission (CFTC) accused them of running a Ponzi scheme tied to foreign exchange and cryptocurrency trading, Bank Info Security reported.
DraftKings Folds On Credit Cards, Bans Plastic For U.S. Sportsbook And Casino Deposits 09/03/2025 06:44 pm BOSTON—DraftKings has eliminated the use of credit cards for sportsbook and online casino deposits across the U.S., SportsHandle reported.
$1B Merger: Fort Financial And INOVA FCU To Combine Operations 09/03/2025 06:42 pm FORT WAYNE, Ind. The $358-million Fort Financial Credit Union here and $678-million INOVA FCU, based in Elkhart, Ind., intend to merge, The Journal Gazette reported.
‘Do Not Call’ Comes With A Cost: FTC Sets FY2026 Telemarketer Fees 09/03/2025 06:42 pm WASHINGTON—The Federal Trade Commission announced new fees for telemarketers to access phone numbers on the National Do Not Call (DNC) Registry for Fiscal Year 2026, which begins on Oct. 1, 2025.
CU's HUSTL May Be First Of Several Digital Brands 09/04/2025 12:38 pm TUCSON, Ariz.— Vantage West Credit Union believes a CU cannot be all things to all people, which is why it has begun a journey that may someday lead it to offer several digital brands.