A pair of credit unions using an online account opening solution from MeridianLink said they are seeing an increase in membership.

Scott Polakoff, acting director of the Office of Thrift Supervision has been placed on leave as the Treasury Department continues its probe of how the agency has regulated some federally chartered thrifts, according to media reports.

Nearly half dozen credit union offices were closed down Friday as the flooding Red River threatened downtown areas of Fargo and scores of employees, volunteers and managers joined city residents doing sandbag duty to protect North Dakota's largest city.

The NCUA responded to a Feb. 24 FOIA request that asked how much the agency paid the private Newport Beach, Calif.-based PIMCO for its analysis, where the funds came from, and the rationale for assessing credit unions the cost.