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Industry advocates warn the proposal would have disrupted payment systems, increased costs and created uncertainty for consumers and financial institutions.

The other race is undecided; both candidates are members of the House Financial Services Committee.

The number reflects a drop from the 35 mergers approved by the federal agency in the first quarter of 2025.

Internal successor takes the reins of the $3.4 billion credit union as it approaches its 60th anniversary.

Annual report from the National Credit Union Foundation also highlights disaster relief assistance and leadership development efforts.

America's Credit Unions, DCUC warn the proposed cuts could reduce lending, financial counseling and economic development in underserved communities.