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PLYMOUTH, Mich. — Community Financial Credit Union will adopt a new name—orsa credit union—on Jan. 27, marking a rebrand the $1.5-billion cooperative says reflects its 75-year legacy and long-term commitment to Michigan communities.

MCLEAN, Va.--Capital One is deepening its push into business banking and payments with a $5.2-billion acquisition of fintech firm Brex, unveiled alongside its fourth-quarter earnings, PYMNTS reported.

NEW YORK--Small-business members may value relationships with credit unions, but digital shortcomings are putting a meaningful share of those relationships at risk, according to a new PYMNTS Intelligence study conducted with Velera.

NEWARK, N.J. — A former TD Bank employee has pleaded guilty to taking bribes in exchange for helping a money-laundering network move more than $26 million from the United States to Colombia through a web of shell accounts and debit cards, the U.S. Department of Justice reported.

WASHINGTON--While credit unions support consumer-focused tax relief efforts in H.R. 1, the proposed car loan interest deduction provisions raise major concerns for credit unions, America's Credit Unions noted.

TUSTIN, Calif. — The $35-billion SchoolsFirst Federal Credit Union has lowered the minimum down payment requirement on mortgage loans for eligible school employee members, reducing it from 5% to 3% of the home’s purchase price in an effort to expand access to homeownership.

WASHINGTON--Recently reintroduced Senate legislation would create a patchwork of state-by-state interest rate caps and is opposed by America’s Credit Unions, the trade group stated.