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BISMARK, N.D.—The U.S. District Court for the District of North Dakota sided with large retailers in Corner Post v. Fed, ruling that the Federal Reserve exceeded its authority when it included fraud-loss adjustments and other essential costs in its 2011 debit interchange rule.

INDIANPOLIS—A former credit union branch manager has been indicted for allegedly stealing more than $350,000 from member accounts at an Indianapolis branch, The Indiana Lawyer reported.

NEW BRITAIN, Conn.—A Connecticut trial court judge has ruled that Whittlesey PC—the state’s largest accounting firm—must face a lawsuit brought by the former CEO of Sound Federal Credit Union, who claims he was fired for following the firm’s accounting advice regarding a $1.2 million property sale, Law360 reported.

WASHINGTON--Any effort to attach an interchange amendment to the FY 2026 National Defense Authorization Act (NDAA) is strongly opposed by the credit union industry – a point America’s Credit Unions made in a letter to Senate leaders.

ROMULUS, Mich. – A TikTok plea for help with college tuition has turned into a life-changing moment for one Wayne State University student—thanks to the CEO of a local credit union.

DALLAS—In what could prove a transformative development for credit unions, fintech firm Bank Social is introducing a private permissioned tokenized liquidity network—a new form of modernized shared branching built on distributed ledger technology that may reshape how credit unions move money among themselves and with their members.