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LONDON—Britain's financial watchdog said it has launched a formal review into how banks conduct mandatory extra checks on "politically exposed" customers and their families for money laundering risks.

SACRAMENTO, Calif.–The first report has been published since California’s state-chartered CUs were required to annually report the amount of revenue earned from overdraft fees and nonsufficient funds fees, revealing wide ranges in both the percentages of total income the fees represent as well as the dollars collected.

WASHINGTON–Stronger-than-expected employment numbers for September just released by the Labor Department reveal a still-resilient economy that just adds to the dilemma facing the Federal Reserve, according to analysts.

FAIRBORN, Ohio–Wright-Patt Credit Union is celebrating the 500,000 members milestone.

WARREN, Mich.– FreeStar Financial Credit Union annual "Night at the Races" event raised $10,681 for Vets Returning Home. 

WASHINGTON–The Minnesota Credit Union Network’s (MnCUN) annual Hike the Hill event brought together credit union staff and board members who met with the Minnesota congressional delegation and the chair and vice chair of NCUA to discuss issues of importance to credit unions.