Parchment, Mich.-based Advia Credit Union is set to complete its acquisition of Janesville, Wis.-based Mid America Bank, and analysts say it could be part of a significant shift within the CU industry.

Portsmouth, N.H.-based Northeast CU and Ocean Communities FCU of Biddeford, Maine, announced a planned merger pending approval from the NCUA, the New Hampshire Banking Department and the membership of both institutions.

The CFPB updated its "Know Before You Owe" mortgage disclosure rule to provide more clarity to lenders. It has proposed additional tolerance provisions, clarified a partial exemption for housing finance agencies, extended the rule's coverage to all cooperative units, and provided more clarity about privacy and the sharing of information.

Time is running out to submit nominations for Credit Union Journal's 2016 Best Practices Awards. The deadline is Aug. 1.

The Consumer Financial Protection Bureau's debt collection plan is likely to put pressure on financial institutions and first-party creditors to provide better documentation on consumer debts that get transferred to debt buyers and collectors.

Spin-a-thons, scholarships and other celebrations

It's part of the Democratic platform, but lawmakers at the convention here are skeptical of embracing a plan to restore the Glass-Steagall Act, unsure what it would look like.

Briarwood, N.Y.-based Melrose Credit Union has announced the appointment of Steven Krauser as interim CEO after the $1.9 billion credit union fired previous CEO Alan Kaufman, who held the position while the CU’s investments in taxi medallion loans hit worrying levels of delinquency.

CU economists positive following Fed's decision to keep rates steady.

State Employees' Credit Union in Raleigh, N.C. has announced that Michael Lord will succeed longtime CEO Jim Blaine as president and CEO of the $33 billion CU.

The Consumer Financial Protection Bureau released a plan Thursday to overhaul the debt collection industry that would limit collection attempts to six per week and require confirmation of a debt before contacting consumers. The plan, however, is not yet directed at banks and credit card companies.

SIU credit union announced Mike Lantrip as the new President/CEO of the $320 million CU effective Aug. 1. Lantrip replaces interim President/CEO William S. Capie.

Offering 24/7 service via self-service technology is only the first step. The next step: allowing members to schedule when and how they want to do business with you.

Three CUs beef up their loan departments and other CU advocates in the news.

Credit unions make their mark the Republican National Convention, dig deep for kids and more.

The Consumer Financial Protection Bureau is set to unveil a sweeping proposal on debt collection practices this week that would force banks and credit card companies for the first time to comply with federal restrictions. It said the plan would put an end to some of the most egregious practices in the $13.7 billion debt collection industry.

The National Credit Union Administration (NCUA) has awarded grants totaling almost $2.5 million that will help 309 low-income credit unions "expand services to under-served communities, train staff, improve cyber-security and provide students with work experience."

2016 platform focuses on need for financial industry regulation rather than post-crisis housing reforms.

Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.

The decision throws out the anti-money laundering charges against Michell Espinoza, who was arrested after agreeing to sell $30,000 to an undercover detective who declared he would use it in an illegal credit card scheme.