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CARLISLE, Penn.–A group of Cornerstone FCU members here, including its former CEO, has organized an effort to stop a proposed merger with Harrisburg, Penn.-based Belco Community Credit Union.

A regulatory proposal on supplemental capital has been years in the making, overcoming apathy in some corners of the credit union system, antipathy in other corners, distraction by the varied issues of the day (including risk-based capital), and even a freeze on new regulations by President Donald Trump.

MADISON, Wis. - In recognition of what the National Credit Union Foundation described as an illustrious career as a credit union leader, one defined by bold risks, deep generosity and resolute adherence to the core values of the movement, Stan Hollen, the retired President/CEO of CO-OP Financial Services, has been named as the winner of the 2017 Herb Wegner Memorial Award for Outstanding Individual Achievement.

BAY CITY, Texas–Bay City Tribune readers have named TDECU as the Reader’s Choice recipient of the Best Credit Union award, while the CU also helped to sponsor the Gridiron Classic.

PLEASANTON, Calif.–Patelco Credit Union said it has activated its Member Disaster Relief Plan to aid members being affected by recent weather-related events in Northern California.

HOMEWOOD, Ala.–Avadian Credit Union held its official ribbon cutting at it new location here.

BROOKFIELD, Wis.,– Fiserv, Inc.  has been named among the 2017 FORTUNE Magazine “World’s Most Admired Companies.”

LAS VEGAS – Mitchell, Stankovic and Associates, which earlier announced the creation of the Underground Community to drive activism and disruptive innovation within credit unions, has now announced Underground Champions that it said will “partner with us to drive dialogue and proactively put ideas into action that awaken the sleeping giants of the industry – consumers!”

BURBANK, Calif.–Logix FCU said it is paying a $3-million “relationship dividend” to its 47,000 members.

SAN FRANCISCO–Wells Fargo is likely to eliminate the bonuses paid to some top executives for 2016 as the result of scandals related to the bank’s sales practices.