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NORTH PARK, Calif.–  Point Loma Credit Union opened its newest branch here.

ALEXANDRIA, Va. – Low-income credit unions interested in NCUA’s Community Development Revolving Loan Fund grants can submit applications between June 2 and July 20.

OAK PARK, Mich.–A skimming operation that hit banks and credit unions across Metro Detroit has been busted by police. At least one credit union was hit for more than $100,000, police said.

WASHINGTON—Two-thirds of the Federal Reserve's districts reported "modest or moderate" growth, according to the Fed's latest Beige Book data.

ARMONK, N.Y.— A vast majority of organizations are still unprepared to properly respond to cybersecurity incidents, with 77% of respondents in a new survey indicating they do not have a cybersecurity incident response plan applied consistently across the enterprise.

WASHINGTON–On the same day a CU executive testified before Congress here that “artificial” caps are hurting credit unions’ ability to serve America’s small businesses, a bill was introduced that would exempt loans made to veterans from counting against a CU's member business lending cap. 

WASHINGTON—The CFPB’s director has indicated it will be proposing new rules on debt collection practices it says are designed to enhance the power of consumers in dealing with collectors. The objective is specifically aimed at providing a reprieve to consumers targeted by calls for debts they often don’t even know they owe.

EAST LANSING, Mich. — Michigan State University Federal Credit Union said it is taking its commitment to community to a new level by introducing the Desk Drawer Fund, a foundation supporting the MSUFCU and Oakland University Credit Union (OU Credit Union) communities.