If approved by shareholders and regulators, the proposed acquisition is expected to close during the second quarter of next year.

Church members were encouraged to open Navy Federal accounts where PPP loan funds were later deposited and allegedly paid for the pastor's lavish lifestyle.

The fund's objective is to provide financial assistance, resources and expertise to help new credit unions thrive.

Arrha CU seeks permission from the federal agency for members to vote on whether to consolidate with Pittsfield Co-operative Bank.

If approved by regulators and shareholders, the deal is expected to close in 2025.

The personal and account information of more than 98,000 First Commonwealth FCU members and former members may have been affected.

Danielle Hammond will be arraigned on a bank robbery charge, while police in Kansas arrest a machete-wielding CU robbery suspect.

Since last December, the federal agency has approved the consolidation of three small CUs without a vote from their members.