Credit Union Management

Higher hourly minimum comes as consumers face rising energy and gasoline prices.

Five Star assumes member shares and some assets after the NCUA determines the troubled credit union was insolvent with no prospect of recovery.

This week's update follows three stories that just keep developing ... from the Jackson Area FCU fraud case to Safe Harbor's stock troubles and the continuing recovery from the TruStage cyberattack.

The 12-for-one reverse split Wednesday is designed to raise its stock above the $1 minimum for a Nasdaq listing.

In addition, Financial Plus CU expands its business services with two new hires and a Florida CEO receives a Best Boss honor.

Long-term commitment will provide $500,000 to support students and programs at Bethune-Cookman.