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JACKSONVILLE, Fla.–The CEO of Jax FCU here has announced plans to retire in early 2019, with the credit union saying it is now searching for a successor.

BIRMINGHAM, Ala.—Used car demand could go up and loan terms might go down—along with loan rates—asserts one automotive industry analyst, who believes the Financial Accounting Standards Board’s (FASB) current expected credit loss model (CECL) could have a significant impact on auto lending.

LUTHERVILLE, Md.—Financial Security Consultants (FSC) Inc., a mortgage CUSO that serves nine credit unions, announced that it will be shutting down at the end of 2018.

PONCA CITY, Okla.–Cherokee Strip Credit Union has deployed eDOC Innovations’ Check 21 Suite, CheckLogic, to streamline their processing operations and integrate them with their core data processing system, CU*BASE, provided by CU*Answers, according to the company.

TAMPA, Fla.–A former employee of the largest credit union in Florida has pleaded guilty to conspiracy to commit bank fraud.

SOUTH BEND, Ind.–Teachers Credit Union said it has entered into a business services partnership with Hamilton Southeastern Schools through which it has secured naming rights to two football fields and also provide cash management services to the school corporation to enhance operations and financial management.

WASHINGTON—Treasury Secretary Steven Mnuchin said he does not want taxpayers paying for any future bailout of Fannie Mae and Freddie Mac.