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News
FinCEN Warns CUs, Banks To Watch for 'Ghost Student' Financial Aid Fraud
1+ day, 10+ hour ago (326+ words) CU Today Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) is warning financial institutions to step up efforts to detect and report fraud schemes targeting federally funded student aid programs, saying organized criminal rings are using stolen identities, synthetic…...
Rize Credit Union Opens New Lynwood Branch at Plaza Mexico
1+ day, 16+ hour ago (183+ words) CU Today LYNWOOD, Calif.âÂÂRize Credit Union has officially opened its relocated Lynwood branch at Plaza Mexico, celebrating the new location with a ribbon-cutting ceremony attended by community members, local officials and credit union leaders.The event featured…...
Addition Financial Launches Treasury Management Services for Business Members
1+ day, 16+ hour ago (204+ words) CU Today LAKE MARY, Fla.âÂÂAddition Financial Credit Union has launched treasury management services, expanding its business banking platform with cash-management tools designed to help members streamline operations, reduce risk and manage their finances through a single institution…...
Appeals Court Delays Harper, Otsuka Reinstatement Bid; Trump Administration Ordered To Respond
1+ day, 13+ hour ago (384+ words) CU Today WASHINGTONâ A federal appeals court has postponed a decision on former NCUA Board Members Todd Harper and Tanya OtsukaâÂÂs request to quickly resume their reinstatement appeal, leaving them off the board while directing the Trump…...
First Commerce CU, iHeartMedia Fan Drive Aids Seniors During Summer Heat
1+ day, 16+ hour ago (243+ words) CU Today TALLAHASSEE, Fla.âÂÂFirst Commerce Credit Union partnered with iHeartMedia to help seniors cope with extreme summer temperatures, collecting new box fans and contributing $2,000 to support fan distribution programs in Tallahassee and Panama City.Community members donated…...
PenAir Creates CAPE Award, Honors Firefighters Who Rescued Child
1+ day, 16+ hour ago (245+ words) CU Today PENSACOLA, Fla.âÂÂPenAir Credit Union has presented the inaugural PenAir CAPE Award to Escambia County Fire Rescue Lt Philip Hoffman and Firefighter Dale Coulter, recognizing their courage, authenticity, purpose and empathy following their rescue of a…...
Class Action Alleges BitMEX Designed System To Profit From Customer Losses
1+ day, 16+ hour ago (249+ words) CU Today NEW YORKâ BitMEX, one of the world's largest cryptocurrency exchanges, deliberately designed its trading platform to force customer liquidations and seize their bitcoin, according to a proposed class-action lawsuit filed Thursday in the U.S District Court…...
‘You Could Drive A Truck Through It’: Analyst Warns CLARITY Act Leaves Big Stablecoin Yield Loophole
2+ day, 6+ hour ago (383+ words) DOVER, Del.— As the Senate moves closer to approving the CLARITY Act, one provision has emerged as perhaps the most contentious for community financial institutions: whether cryptocurrency platforms will ultimately be allowed to offer stablecoin "rewards" that critics say amount…...
Global Credit Union Leaders Conclude World Conference In Sydney
2+ day, 12+ hour ago (227+ words) SYDNEY, Australia— More than 2,400 credit union and financial cooperative leaders from 39 countries wrapped up the 2026 World Credit Union Conference (WCUC) Wednesday after four days of discussions on leadership, innovation, cybersecurity, regulation and the future of cooperative finance. Hosted by the…...
CFPB Nominee Johnson Pledges ‘Open Mind’ On Staffing, Agency’s Future
2+ day, 9+ hour ago (457+ words) CU Today...