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Plus, two credit union professionals receive accolades and fintech Plinqit announces a promotion.
Y-12 Federal Credit Union is expected to close the planned purchase of First State Bank of the Southeast by Q2 of 2025.
Forty-eight percent of workers say money and finances are the top source of stress in their lives.
We are featuring 19 finalists who have shown incredible vision in their abilities to strengthen the credit union system.
"I lead with high expectations, but I do so in a supportive, collaborative and fun way," FAIRWINDS CU's Lindsey LeWinter says.
Smaller institutions are especially at risk, with a report finding fraud in CUs increased by over 70% in 2022.
The new court filing says 14 persons were involved in the nationwide conspiracy that used fake IDs to steal money from credit unions and banks.
Nearly 90% of all credit unions are exempt from the rule, but officials worry it could cause more CUs to merge.
The Bureau's director says the Personal Financial Data Rights Rule will give more power to consumers and members.
UCU CEO David Tuyo discusses his Los Angeles-based credit union's forward-thinking approach to AI, remote work and more.