August 2024

Credit union-supported candidates win AZ primaries

All three credit union-backed candidates won their primaries in Arizona on Tuesday. In the high-profile open Senate seat in Arizona, America’s Credit Unions PAC and GoWest Credit Union Association supported Rep. Ruben Gallego, D, who will face Republican Kari Lake in the November general election.   Six credit union-supported candidates are in the Tennessee primaries taking place …

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NCUA issues 2 prohibition orders in July  

The NCUA issued two prohibition orders in July, permanently prohibiting individuals previously associated with credit unions from any future participation in the affairs of a federally insured depository institution.   Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Individuals named from last month’s …

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