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SAN FRANCISCO—Visa is reporting that on a year-over-year basis, its payments volume in May was up 5%.

WILLISTON, Vt.–New England Federal Credit Union (NEFCU) has awarded three scholarships to Vermont high school students as part of its annual Science, Technology, Engineering, and Math (STEM) Scholarship Program. 

ALEXANDRIA, Va.–Despite the strong overall performance of credit unions as seen in NCUA’s first quarter data, the agency’s chairman sees potential red flags for CUs to watch in delinquencies and other areas, while adding NCUA has also increased its scrutiny of a number of large credit unions feeling particularly strong liquidity pressure.

RICHMOND, Va.- The Virginia Credit Union League has announced its board election results, as well as presented its Farley Award to one CU leader.

LAKE FOREST, Ill.—It’s becoming clear how the new overdraft battleground is shaping up, and it’s going to have a big effect on financial institutions’ ability to keep and attract new checking accounts, according to one person who said the lead credit unions once held has disappeared.

TALLAHASSEE, Fla.– The Southeastern Credit Union Foundation (SECUF), the charitable arm of the League of Southeastern Credit Unions & Affiliates said it is entering into a partnership with Jacksonville, Fla.-based City & Police FCU  to “transform the landscape of credit union member services.”

WEST DES MOINES, Iowa–Three credit unions and the Iowa Credit Union League have filed suit against NCUA seeking to recover funds invested by the former Iowa Corporate Central Credit Union in the now defunct U.S. Central Credit Union.

ARVADA, Colo. – Sooper Credit Union teamed up with Excalibur Outreach to help give 32 brand-new bicycles to children at Arvada K-8.

EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) and the Desk Drawer Fund foundation have announced the winner of the Q2 2023 Desk Drawer Fund Member Raffle. Elizabeth Tabor was named the winner of $20,000 as the raffle prize.