CUs

Credit Union Group Says Member Revenue Jumped 21% in Q3

Credit Union Group Says Member Revenue Jumped 21% in Q3
Credit Union Group Says Member Revenue Jumped 21% in Q3
December 08, 2025  |  Credit Unions

America’s federally insured credit unions saw their incomes jump 21% in the third quarter. That’s according to new data released Monday (Dec. 8) by the...

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CFPB Cancels $95 Million Settlement With Navy Federal CU
CFPB Cancels $95 Million Settlement With Navy Federal CU
July 02, 2025  |  Legal & Regulation

America’s consumer watchdog has cancelled a $95 million fine against the country’s largest credit union. The Consumer Financial Protection Bureau (CFPB) levied that penalty against...

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Credit Union Branch Closures Hit Highest Level Since 2021
Credit Union Branch Closures Hit Highest Level Since 2021
June 18, 2025  |  Credit Unions

Credit unions closed 32 locations during the first quarter, the largest drop since 2021. As the publication Credit Union (CU) Times reported Tuesday (June 17),...

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64% of Credit Unions Plan to Offer Biometrics Authentication
64% of Credit Unions Plan to Offer Biometrics Authentication
March 27, 2025  |  Credit Unions

As is the case with any entity, banks’ relationship with their end customers is only as strong as the trust that exists between the two,...

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Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
March 03, 2025  |  Credit Unions

Credit union service organization Velera is sounding the alarm on “consumer-engaged” fraud. The group on Monday (March 3) announced it had released a guide on this type...

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Energy Capital Credit Union Picks Velera for Debit Card Processing
Energy Capital Credit Union Picks Velera for Debit Card Processing
December 05, 2024  |  Credit Unions

Energy Capital Credit Union has expanded its partnership with credit union service organization (CUSO) Velera. Velera had already been providing credit card processing support for Energy Capital...

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CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
October 31, 2024  |  Legal & Regulation

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. As the Consumer Financial Protection Bureau (CFPB) said in its...

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NuMark Credit Union Chooses Atleos to Upgrade ATM Offerings
NuMark Credit Union Chooses Atleos to Upgrade ATM Offerings
October 08, 2024  |  Credit Unions

Self-service banking provider NCR Atleos has launched a collaboration with NuMark Credit Union. “As member expectations continue to evolve, we are committed to providing a...

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