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PEMBROKE PINES, Fla.– The $655-million Power Financial Credit Union has signed a definitive agreement to purchase Florida-based TransCapital Bank.

SCARBOROUGH, Maine – Town & Country FCU has announced the expansion of its groundbreaking cancer screening benefit in conjunction with March being National Colorectal Awareness Month. 

WASHINGTON–A White House memorandum outlining mortgage finance reform could “mark the beginning of major changes in how consumers, lenders and investors access and finance home mortgages,” but it also may not amount to much when the policies are finally written, according to the Consumer Federation of America (CFA).

NEW YORK—A new report shows mobile shoppers are browsing more than before with a 61% increase over 2017.

TOPEKA, Kan. –The former president of a credit union here has pleaded guilty today to a federal charge of embezzlement. U.S. Attorney Stephen McAllister said Connie Marie Kent, 52, pleaded guilty to one count of theft from a credit union.

MOSCOW, Idaho— The Idaho State Board of Education has given its approval to breaking ground on a new $46-million basketball arena at the University of Idaho that will be named for a credit union. The 4,200-seat facility will be called the Idaho Central Credit Union Arena after the credit union purchased the naming rights.

EDGEWOOD, Ky.–Cove FCU has received regulatory approval from NCUA to expand its FOM. The $62-million CU has been given the OK to expand into Hamilton County in Ohio, which is just across the river and home to Cincinnati, as well as the Northern Kentucky counties of Boone, Kenton, Campbell, Grant, and Pendleton.

CROWN HEIGHTS, N.Y.–A 28-year-old man here has been charged in Brooklyn Supreme Court with stealing the identities of 178 people in an attempt to rob Pentagon Federal Credit Union of more than $1 million.

WASHINGTON—President Trump has issued a presidential memorandum initiating reforms to the housing finance system.

ATLANTA—CU Capital Market Solutions, a CUSO offering financial management solutions, said it has finalized a deal with Fidelity Capital Markets that allows CMS client credit unions to execute security transactions directly with Fidelity.