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LITTLE ROCK, Ark.—Arkansas Federal Credit Union is the latest CU to face a class-action lawsuit over overdraft practices, with a new complaint alleging the institution improperly charged fees on debit-card transactions that were authorized with sufficient funds, as well as on ATM and one-time debit transactions, Top Class Actions reported.

WEST MEMPHIS, Ark.— Evolve Bank & Trust CEO Bob Hartheimer, 68, has been arrested on two child-pornography-related charges, according to Shelby County, Tennessee’s inmate records. He is charged with one count of sexual exploitation of a minor and one count of distributing obscene material, Banking Dive reported.

WASHINGTON—A large group of Democratic lawmakers — led by Rep. Maxine Waters and Rep. Bill Foster — sent a strong letter to Treasury Secretary Scott Bessent and OMB Director Russell Vought condemning the Trump administration’s attempt to lay off all CDFI Fund staff during the ongoing government shutdown.

JACKSON, Mich.– American 1 Credit Union has entered a 25-year naming rights partnership for the pavilion at the new park under construction in Blackman Township here, the CU announced.

CARMEL, Ind.—Imagine a late-night drive-up ATM kiosk at one of your branches. Within minutes, a well-coordinated crew uses a master key, hacks into the machine’s internal PC, and forces it to spew tens of thousands of dollars in cash — all without a card swipe, PIN or suspicious account transaction.

SAN FRANCISCO—Metallicus, the core developer of Metal Blockchain and a leader in compliant blockchain infrastructure for financial institutions, has entered into a strategic alliance with InvestiFi, the company announced.