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Looking to offer more products and services to members, Wanigas Federal Credit Union and Central Michigan Community Federal Credit Union have begun discussions on a possible merger.

The $2.7 billion Desert Schools Federal Credit Union is bracing for possible negative feedback from some of its more than 334,000 members over a savings program targeted at undocumented migrants.

To stop what some critics consider a vicious and exorbitant trap found with many payday loans, Veridian Credit Union is launching an alternative that not only provides emergency cash, but helps users save for the long term.

The Augusta-based Maine State Credit Union announced its successful merger with Greater Waterville Area Federal Credit Union.

With heightened opposition from the banking lobby and labor groups to Wal-Mart's entry into retail banking, the Federal Deposit Insurance Corp. appeared ready last week to extend its moratorium for another six months on the retailer as well as Home Depot stores from chartering industrial loan banks.

The $508 million New England Credit Union, headquartered in Williston, Vt., has begun fielding member calls as the Vermont State Government announced that one of its servers that contained personal information for about 70,000 current and former Vermonters has been compromised.