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WASHINGTON—Ahead of this week’s hearing examining the proposed merger between SunTrust and BB&T, NAFCU encouraged members of the House Financial Services Committee to look at big bank riskiness and the impact a potential merger would have on consumers, community institutions and competition.

GREAT FALLS, Mont.–Two Montana credit unions have announced plans to merge. By a 279-11 vote, members of the $5-million Shelby Community Credit Union have voted in favor of combining with 1st Liberty Credit Union.

WASHINGTON—As members of the House return to their districts, lawmakers in the Senate are expected to vote on the two-year $1.37 trillion budget deal that would also suspend the debt ceiling to July 2021 before heading home for the August recess.