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Five Star CEO: Former JAFCU Employees' Optimism Will Fuel Market Growth

By Peter Strozniak

Bob Steensma, whose credit union assumed JAFCU's member shares and some assets Wednesday, shares details of the bidding process, balance sheets and his hopes for a bright future.

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Peoria credit union expects the 58,000-square-foot addition to open in early 2028.

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NCUA Liquidates Jackson Area FCU, Five Star Takes Over

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FreeStar Financial Adds $1.2M in Deposits in 30 Days

The Michigan credit union's savings campaign tailors messages based on what motivates potential members.

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September 30, 2026

Judge Certifies Credit Union Class Action Lawsuit Against Tech Giant Apple

The plaintiffs allege Apple Pay violated federal antitrust laws because it holds a 100% market control over its tap-and-pay mobile operating system, iOS mobile wallet.

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Fed, Treasury Advance Stablecoin Rules With Credit Union Implications

America's Credit Unions plans to weigh in on two new regulatory actions implementing portions of the GENIUS Act.

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LoanPro Adds Spring Labs AI to Automate Lending Complaints, Disputes

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Top News Stories

Five Star CEO: Former JAFCU Employees' Optimism Will Fuel Market Growth

Navy Federal Raises Minimum Pay to $22 an Hour

RBFCU, True Sky Complete Merger, Creating Nearly $20 Billion Credit Union

Recommended Just For You

News Stories

Treasury Proposes Major Changes to CDFI Certification Requirements

CEFCU Launches 'Multi-Million-Dollar' Expansion of Its Illinois Headquarters

NCUA Liquidates Jackson Area FCU, Five Star Takes Over

FreeStar Financial Adds $1.2M in Deposits in 30 Days

Judge Certifies Credit Union Class Action Lawsuit Against Tech Giant Apple

Fed, Treasury Advance Stablecoin Rules With Credit Union Implications

LoanPro Adds Spring Labs AI to Automate Lending Complaints, Disputes