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PHILADELPHIA — Ardent Credit Union President and CEO Rob Werner plans to retire at the end of the first quarter of 2027, concluding nearly 14 years leading the credit union.

WASHINGTON--Working to strengthen credit unions’ and other financial institutions’ ability to combat fraud, America’s Credit Unions and the Defense Credit Union Council joined a coalition in a letter to the Federal Communications Commission supporting changes to the “STIR/SHAKEN” caller ID authentication framework.

DALLAS—The Federal Deposit Insurance Corp. has approved deposit insurance for Augustus National Bank, advancing the startup’s effort to launch a full-service national bank serving financial institutions, fintechs and companies operating in the digital-asset economy. The bank remains “in organization” and cannot begin business until it receives final clearance from the Office of the Comptroller of the Currency and satisfies remaining preopening requirements.

MADISON, Wis.—One of the fastest-growing threats to credit union deposits may not be fintechs, challenger banks or cryptocurrency. It may be sports betting.

MADISON, Wis.— TruStage said the cyberattack that has disrupted its operations for more than a month has been contained and that investigators have found no evidence of continuing intrusion, but the company cautioned credit union partners it could be another two to three months before it knows whether member or employee data was compromised.