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Chartered in December, the Georgia financial cooperative failed to generate loans or income.
Lawmakers seek legal justification for NCUA decisions made after Trump’s removal of two board members left agency without a quorum.
Arise Community Credit Union marks its historic launch with a Juneteenth event at the State Capitol, fulfilling a years-long effort to address economic disparities.
The move comes despite a lack of reported losses, as the credit union posted zero delinquencies over five years and into the first quarter of 2025.
Family business orchestrates fake real estate loan documents, including false rental income and forged lease agreements.
More than 60 CU conferences and events are set for 2025. MoneyLIVE North America is Sept. 15-16 in Chicago.
Senate excludes interchange and rate-cap amendments, advancing bipartisan stablecoin legislation backed by credit unions and community banks.
New rules redefine issuance procedures, expand use of supervisory guidance and restrict Civil Penalty Fund spending on consumer education.
NCUA data shows a net loss of 32 branches in the first quarter — the biggest drop since the fourth quarter of 2021.
New Hampshire’s Service Credit Union becomes the first strategic investor in ScribeUp CUSO.
