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WASHINGTON–While both the House and Senate are in session this week, credit unions will be paying the most attention to the White House.

MADISON, Wis.—The Worldwide Foundation for Credit Unions’ Global Women’s Leadership Network (GWLN) said it is encouraging industry women to apply for its 2023 GWLN Scholarship to “take advantage of expanded, year-long virtual learning.”

WASHINGTON—As more consumers fall victim to fraud scams on peer-to-peer (P2P) payment apps, a group of Democrat senators has sent a letter to federal banking regulators – including the NCUA – calling on the agencies to review customer reimbursement and anti-money laundering (AML) practices of financial institutions that participate in the Zelle network.

NEW YORK—It appears more bad news is mounting related to the growing amount of consumer credit card debt.

HARRISONBURG, Va.– Park View Federal Credit Union has named Sue Hughes Mortgage Manager.

ALEXANDRIA, Va.–Total assets in federally insured credit unions rose by $108 billion (5.2%) to $2.17 trillion at year-end 2022, with lending so strong last year that loans increased at CUs in all asset size categories after years of declining among most CUs under $500 million in assets, according to NCUA.