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John M. Parillo takes over the helm from Jim Warren who retires after 37 years of service in the credit union movement.

The California CU does not say how many former and current members' and employees' personal information may have been affected.

The combined Launch CU and Community CU of Florida would manage $2.7 billion in assets and serve more than 143,000 members.

The credit union is one of over 30 working with vendor equipifi to offer the pay-over-time service to members.

The credit union announces a new and "revolutionary" approach to its NIL program.

But the Mortgage Bankers Association has this year coming up rosier thanks to a big downward revision for 2023.