The Defense Credit Union Council inducts four into its Hall of Honor and other credit union advocates in the news.

After 22 years with CFE Federal Credit Union, the last 19 as president and CEO, Joseph A. Melbourne, Jr., plans to retire effective March 31, 2017.

Royal Credit Union on Friday said it has entered into a definitive agreement to acquire the Apple Valley, Minn., office of Deerwood Bank.

The U.S. mortgage market is of course considerably smaller, safer and less accessible than it was nine years ago.

David Clendaniel, the CEO of Dover Federal Credit Union, a $441-million institution based in Dover, Del., said he will retire in May 2017.

The decision by a federal appeals court to toss out a blockbuster settlement between retailers and the card networks could re-expose some financial institutions to legal liability and threaten their already challenged interchange income.

Many credit unions pay most of their employees above minimum wage already, but could such across-the-board hikes have hidden pitfalls, or do the plusses far outweigh the minuses?

Six credit union employees pleaded guilty to assorted crimes in June, the National Credit Union Administration said in a press release Thursday, leading the regulator to issue notices of prohibition, effectively barring them from working or participating in any federally insured financial institution.

The Consumer Financial Protection Bureau has difficulties supervising its government travel card program and has reimbursed some employees for lodging and meals while not on official travel, a watchdog said Thursday.

A $5.7 billion settlement by Visa and MasterCard was rejected by an appeals court in New York, potentially renewing years of litigation with U.S. merchants over allegations that credit-card swipe fees were improperly fixed.

Two VPs head to the C Suite and other credit union professionals in the news.

Former NCUA Chairman Michael Fryzel suggests expanding the number of board members of the federal regulator is not a good idea.

Now that privately insured credit unions finally can join the Federal Home Loan Bank system, will more federally insured state charters consider converting to private insurance?

SEATTLE — A new awareness initiative introduced Tuesday at the Credit Union National Association's America's Credit Union Conference set the stage for a focus on advocacy at the third day of CUNA's annual meeting on Wednesday.

Franklin First Federal Credit Union has appointed one of its former tellers to its top leadership position. Michelle Dwyer will succeed Martha Richardson as chief executive and president starting July 1. Dwyer joined as a teller in 2007 and was named accounting specialist in 2013.

The Credit Union National Association (CUNA) announced the formation of the CUNA CEO Council, the newest addition to the CUNA Councils, at the America’s Credit Union Conference.

Columbia Credit Union in Vancouver, Wash., has expanded into neighboring Oregon as the CU continues to eye other opportunities to offer its services beyond its 12 branches in Clark County.

After the departure of Financial Crimes Enforcement Network's director last month, the future of the Treasury Department unit remains the subject of fierce speculation within the financial services industry.

SEATTLE — Disruption—both positive and negative—was on display at America's Credit Union Conference Tuesday, with intelligence from the man who brought us the Genius Bar and selling Tesla vehicles at the mall, to how the new NCUA chairman is disrupting some long-standing traditions at the agency, how "Brexit" is disrupting the economy and how conference host Credit Union National Association is looking to disrupt the way Americans think of credit unions.

The question of whether bitcoin is actually money is at the heart of a case of a man charged with selling $30,000 worth of the virtual currency to an undercover police officer.