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KILGORE, Texas–In its newest analysis of proposed credit union mergers, CUToday.info has found CUs with some whopping capital ratios (one north of 63%) and only a few planning to return any of that capital to members, as well as a higher-than-usual number of credit unions with no succession plans citing both CEO and board member retirements as reasons they must find a partner.

WASHINGTON—NAFCU, CUNA, and the Defense Credit Union Council are touting the benefits of financial literacy for members of the military following an amendment proposed by Sen. Patty Murray (D-WA) to the fiscal year 2024 National Defense Authorization Act (NDAA).

MADISON, Wis.— New data released by CUES reveals base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions at credit unions.

LUBBOCK, Texas—The $500-million ALLIANCE Credit Union has selected Co-op Solutions in-house credit and debit transaction processing, as well as ATM terminal driving services.

WASHINGTON–During the second quarter standards were tightened for commercial and consumer loans by banks amid weaker demand, according to a new report by the Federal Reserve.

WASHINGTON—The Federal Communications Commission was urged not to adopt its proposal to require callers to honor opt-out requests within 24 hours in a comment letter filed jointly by CUNA and ACA International.

SAN JOSE, Calif.—Two more credit unions have announced expanded fields of membership.