Concerns about the financial viability of Oshkosh Central Credit Union and the revelation that more than $1.7 million was missing from its vault, Wisconsin regulators approved July 30 the merger of the Oshkosh-based $28.2 million credit union with the $2 billion Community One Credit Union in Appleton, Wis.

The $445 million BrightStar Credit Union in Sunrise, Fla., said its president/CEO, Ralph Crockett, is retiring and will be replaced on an interim basis by a longtime board member.

The $581 million LAFCU said it's the first financial institution in central Michigan to offer interactive teller machines.

The $1.4 billion American Eagle Federal Credit Union in East Hartford, Conn., announced last week that William J. Dokas would retire on Jan. 2, 2015, after 42 years there, including 24 as president/CEO.

More than half of credit unions will miss a key October 2015 deadline that requires credit cards to be equipped with EMV chips, processors said.

The $26 million Generations Credit Union in Olympia, Wash., has hired a regional banker and former credit union examiner as its new president/CEO.

The $18 million Newark Firemen Federal Credit Union in Newark, N.J., has completed its conversion to the CU*BASE platform through CU*SOUTH, an Alabama-based CUSO that is an affiliate of CU*Answers, the Grand Rapids, Mich.-based CU*Answers said.

The CFPB has proposed a rule that aims to simplify the Home Mortgage Disclosure Act reporting requirements for financial institutions. Institutions that produce fewer than 25 mortgages a year would be exempted from reporting requirements.