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RANCHO CUCAMONGA, Calif.–Ready to take a selfie—with an ATM? CO-OP has launched a new fundraiser for Children’s Miracle Network that invites credit union staff and members to post a pic of the ATM and tag it #ATMs4CMN, and it will donate $10 to CMN hospitals.

WASHINGTON–A consumer advocacy group is reporting its examination of comment letters submitted to the CFPB related to a payday loan proposal found more than 7,000 “pro-payday comments used suspiciously duplicative language.” The comments represent more than 27% of the total comments, according to Allied Progress.

ARLINGTON, Va.—On a seasonally-adjusted basis, overall consumer prices increased 0.3% in April. NAFCU Chief Economist and Vice President of Research Curt Long says the Federal Reserve will likely hold off on future rate hikes. 

RANCHO CUCAMONGA, Calif.– CO-OP Financial Services has introduced what it calls a “new vision” of its advanced digital ecosystem, saying it is aligning payments and financial technology solutions along five categories of products and services to better-meet credit union and member needs.

WASHINGTON—Total consumer credit has slowed a bit, growing by 3.1% in March (seasonally adjusted, annualized), While the CU number is up 4.9% versus a year ago, other lenders saw decreases during March.

ALEXANDRIA, Va.—NAFCU staff met with NCUA's Office of Examination and Insurance here to discuss various concerns related to the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard. Among those participating were NAFCU EVP/General Counsel Carrie Hunt, VP-Research/Chief Economist Curt Long, Director of Regulatory Affairs Ann Kossachev, and Senior Counsel for Research and Policy Andrew Morris.