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PORTLAND, Ore.—The GoWest Credit Union Association opened MAXX 2025 Tuesday with new initiatives to strengthen small credit unions, expand board leadership support, and rally industry unity amid sweeping regulatory, technological, and leadership changes.

SANTA MONICA, Calif.—More Americans—one in four—are finding themselves upside down on their new car loans, according to Edmunds.

BENTONVILLE, Ark.— Walmart is teaming up with OpenAI to introduce AI-driven shopping experiences that let customers and Sam’s Club members complete purchases directly through ChatGPT using its new Instant Checkout feature, PYMNTS reported.

TITUSVILLE, Pa.—Community Connect Federal Credit Union is at the center of a police investigation after thieves stole $59,500 from one of its ATMs in what authorities describe as a sophisticated “jackpotting” attack, UC Today reported.

WASHINGTON—Sony's online banking unit has applied with the Office of the Comptroller of the Currency to set up a U.S. offshoot that would mint stablecoins and custody digital assets, joining a wave of firms that have approached the agency with crypto-related business plans, Law360 reported.

WASHINGTON--Credit union loans outstanding decreased by 0.38% in August, compared to a 0.26% increase in July and a 0.48% increase in August 2024, according to America’s Credit Unions latest Monthly Credit Union Estimates. 

LAKE FOREST, Ill.— The era of low deposit rates has officially ended, and credit unions should not think it is coming back any time soon.

TULSA, Okla.—After being sentenced to federal prison last year, Kansas City Chiefs superfan Xaviar Babudar—known for his costumed persona “ChiefsAholic”—received an additional prison sentence this week in Oklahoma, stemming from convictions related to a multi-state spree of bank and credit union robberies, the Kansas City Star reported.