Q2 report shows seven credit unions got the OK to merge because of their inability to recruit CEOs/board members.

Consolidating TRUE Community CU and Parkside CU would create a new financial cooperative with nearly $900 million in assets.

The transaction is expected to close early next year for approximately $22 million in cash.

Although Tara Kewalis paid $254,532 in restitution, she may be required to pay additional restitution to reimburse expenses incurred by the CU.

Plus, the national trade groups provide more details about the consolidation process and its potential impact on the industry.

The new trade group, America's Credit Unions, will be led by Jim Nussle, while Dan Berger departs to pursue other opportunities.

Internal audit by City & Police FCU reveals Brooke Lynn Gray's teller drawer had a significant cash shortfall.

YPECU posts losses and its IRS tax-exempt status has been revoked since 2021.