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PLYMOUTH, Mich.– Community Financial Credit Union (CFCU) said it is expanding to Detroit for the first time in its more than 70-year history by opening a 1,243-square-foot branch inside Wayne State University’s Student Center. 

ALEXANDRIA, Va.–NCUA’s director of the Office of Examination & Insurance, Kelly Lay, says there are no plans to change supervisory priorities during credit union examinations for the remainder of the year as a result of new data showing rising delinquencies and charge-offs at credit unions (see related reporting).

RALEIGH, N.C.—State Employees Credit Union has been was recently recognized by the Credit Union Financial Education Network (CUFEN) for its financial education efforts benefiting North Carolina youth. 

ALEXANDRIA, Va.–In releasing its Quarterly Credit Union Data Summary for the second quarter of 2023, NCUA has broken out performance data it now captures for minority depository institutions (MDIs) that it says show the segment is performing strongly.

ALEXANDRIA, Va.–The huge Japanese conglomerate Rakuten filed for a federal credit union charter earlier this year, before withdrawing its application, CUToday.info has learned.