Survival In The Digital Age: 99% Of CU Leaders Say Embedded Finance Is Critical 07/20/2025 10:36 am SAN FRANCISCO—As credit unions chart their path through an increasingly digital financial landscape, new data from Treasury Prime’s 2025 Banking Innovation Index delivers a clear message: embedded finance and real-time technology are no longer optional—they’re survival tools.
Filene’s New Center Aims To Help Credit Unions Support Members Amid Growing Financial Strain 07/20/2025 08:52 am MADISON, Wis. –Filene Research Institute has officially launched its Center for Member Well-Being, led by fellow Dr. Mathieu Despard of Washington University in St. Louis.
Civic Credit Union Struggles After LGFCU Merger; Complaints Surge, BBB Rating Drops 07/20/2025 08:52 am RALEIGH, N.C.--The $4-billion Civic Credit Union is facing a wave of backlash and mounting frustration from former members of Local Government Federal Credit Union following completion of the merger between the two organizations on June 2.
Small Business Optimism Holds Steady In June, But Tax Worries Climb To Top Concern 07/20/2025 08:53 am WASHINGTON—Small businesses outlook for their enterprises remained steady in June, the National Federation of Independent Business reported.
ATM Bandits Hit The Jackpot: Feds Indict Duo In Multi-State Heist Scheme 07/20/2025 08:54 am SACRAMENTO— A federal grand jury has indicted two Venezuelan nationals in connection with an ATM "jackpotting" scheme that targeted credit unions and banks across California and six other western states.
Eastman CU Issues Apology After TikTok Video Of Indecent Acts Goes Viral 07/20/2025 08:54 am KINGSPORT, Tenn.—Eastman Credit Union has issued an apology following the circulation of a viral TikTok video showing two people engaged in intimate behavior at one of its Johnson City branches, NDTV reported.
Treasury Names Dietrich Douglas Acting Director Of CDFI Fund Following Director Pravina Raghavan's Resignation 07/21/2025 04:25 pm WASHINGTON--The U.S. Department of the Treasury has named Dietrich Douglas acting director of the Community Development Financial Institutions Fund (CDFI Fund), Treasury announced.
Bipartisan SUPPLY Act Aims To Boost ADU Financing, Earns Credit Union Backing 07/21/2025 09:16 am WASHINGTON--A bipartisan bill introduced last week would increase access to financing for Accessory Dwelling Units (ADUs) and has credit unions’ support. The Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act (H.R. 4479) was introduced by Reps. Sam Liccardo (D-CA) and Andrew Garbarino (R-NY), ACU reported.
ACU Urges CFPB To Preserve Financial Education Funding In Civil Penalty Fund 07/21/2025 09:22 am WASHINGTON--The CFPB should reconsider its proposal to remove consumer education and financial literacy from the Civil Penalty Fund’s authorized uses, America’s Credit Unions Head of Regulatory Advocacy James Akin said in a letter to the Bureau.
CFPB Withdraws Rule That Would Have Eased State Notification Requirements 07/21/2025 08:32 am WASHINGTON—The Consumer Financial Protection Bureau has officially withdrawn a proposed rule that would have eliminated the requirement for state officials to notify the Bureau when taking enforcement actions under the Consumer Financial Protection Act (CFPA).
