ALEXANDRIA, Va. — NCUA has accepted a judgement offer of $129.6 million from Royal Bank of Scotland to resolve claims from losses related to purchases of residential mortgage-backed securities by Members United and Southwest corporate credit unions.

The window for moving financial services regulatory relief through Congress is rapidly closing, but there appears to be little hope that the partisan tensions that have stalled the process will ease in time.

Filene Research Institute announced that 16 credit union executives have been accepted to its Filene i3 program, which was formed to “foster the development of new ideas and innovations” for CUs.

The CUNA Council has released a new research paper that can help credit unions manage multiple delivery channels for providing products and services.

Credit unions flocked to the nation’s capital for the trade association’s annual pilgrimage to Washington, where executives have the chance to hear from politicians at the conference and then head to lawmakers’ offices to lobby on credit union issues.

WASHINGTON — One of the top anti-money laundering regulators warned credit unions Tuesday that many do not appear to be properly following reporting requirements.

Credit unions and banks get green light to sue retail giant over massive 2013 data breach.

Monaco, previously senior economist at the regulator, succeeds Worth, who left last month.

Showcasing the artistic talents of people with disabilities and other things CUs are doing in their communities.

Though loan performance has improved since the housing crisis, credit challenges persist as higher housing costs combined with stagnant wages have put increased strain on some borrowers' finances.

Align Credit Union and First Choice Credit Union have merged, in a combination of two institutions in northeastern Massachusetts.

Some credit unions and banks are starting to lay traps for cybercriminals that have broken through their defenses.

Centurion FCU is set to merge with Crane FCU here, doing business as Centurion, A Branch of Crane Credit Union.

CFE Federal Credit Union in Lake Mary, Fla., has added Jack Henry & Associates as its core processor.

BATON ROUGE — After more than 34 years at the credit union, Neighbors FCU President and CEO Kathi Gill has announced that she will retire on December 31, 2015.

The rest of the credit card industry continues to be dogged by slow loan growth, but retail-branded cards are bouncing back, thanks largely to a big push by merchants.

Nearly a decade since the Federal Reserve last hiked the key short-term Fed Funds Rate, confusion reigns over what the central bank will do at its next policy meeting later this week, but credit unions have already taken steps to prepare for a rising-rate environment.

As credit unions gather in Washington for NAFCU's Congressional Caucus, the trade group's chairman, Ed Templeton, urges CUs to make political advocacy a top priority.

NCUA has developed a series of videos designed to help credit union board members.

Consumers CU here is set to absorb Palatine, Ill.-based Premier CU, creating an institution with nearly $870 million in assets spanning from northern Cook County, Ill. to the Wisconsin border in Lake County.