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SHELTON, Wash.—A sophisticated international fraud scheme U.S. intelligence agencies fear could siphon hundreds of millions of dollars intended for the unemployed is impacting credit unions and, more specifically, their employees.

WINSTON-SALEM, N.C.–Truist, the new name for a mega-bank formed by a merger that is being sued by Truliant FCU over its new name, said the credit union’s brand by itself “does not have commercial strength” and is “just one mark in a crowded field.”

ALEXANDRIA, Va.–Saying it is seeking to be a moreinclusive organization, NCUA has announced a new Culture, Diversity, and Inclusion Council.

ATLANTA—Equifax has settled a lawsuit with financial institutions, most of which are credit unions, following its 2017 data breach that affected more than 147 million U.S. consumers.

WATERFORD, Conn.–Charter Oak Federal Credit Union has awarded $90,000 in 2020 scholarships to 45 high school and college students in New London and Windham counties in recognition of their outstanding academic and community achievements.

ARLINGTON, Va.—Credit union leaders’ confidence in the economy and their own future continued to slide in April, with NAFCU’s Credit Union Sentiment Index (CUSI) falling to its lowest point on record.

FREMONT, Mich.–Gerber Federal Credit Union awarded a total of $2,750 through its Annual Essay Scholarship program.  

EAU CLAIRE, Wis. – Royal Credit Union has named Jeff Marty Regional Director of Branch Operations.