The combined financial cooperative would manage a projected $965 million in assets and serve more than 70,000 members.

Criminals are using generative AI to produce highly realistic phony documents and images that can dupe CU or bank due diligence protocols.

Scott Credit Union opens an insurance agency and Randolph-Brooks FCU’s insurance business will be managed by Insuritas.

The consolidation, if approved by the NCUA and members, would be the largest credit union merger in Louisiana and Mississippi history.

Michelle Balog will take over the helm at NuMark CU in March for the retiring Lloyd Fredendall.

The Gainesville-based credit union recorded a loss of more than $2.3 million at the end of the third quarter and a $181,231 loss at the end of last year.

The purchase, if approved by regulators, will expand the Michigan credit union’s market presence in Florida.

The list includes six credit unions merging due to poor financial condition and two for poor management.