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AUSTIN, Texas–The Texas Senate has passed a bill that seeks to combat card fraud caused by skimmers and sent it on to the governor for his signature.

WASHINGTON–Among the recent staff additions announced by CFPB, one person’s departure was also quietly announced, that of Eric Blankestein, whose racially charged blog posts created something of an uproar when discovered in 2018.

DUBLIN, Ireland–Twenty credit unions across Ireland are part of a new nationwide program to make homes more energy efficient.

WASHINGTON–The Pew Charitable Trusts are expressing strong objections to a proposal by the Consumer Financial Protection Bureau to eliminate the ability-to-repay rules it finalized for small-dollar loans that are to go into effect later this year.

CHESTERFIELD, Mo.–NewGround, the architecture, design, and delivery firm, announced Atlantic Central Credit Union has received recognition for receiving the Achievement in Marketing (AIM) award from the Canadian Credit Union Association (CCUA) for its branch system transformation. 

HARRISBURG, Penn./EAST WINDSOR, N.J.–Member credit unions of the Pennsylvania Credit Union Association and the New Jersey Credit Union League have voted in favor of merging.

ARLINGTON, Va.—Total retail sales decreased 0.2% in April after sturdy gains in March. NAFCU's Curt Long noted that despite a strong labor market, economic growth will be modest in the coming months as "consumer spending has been choppy this year as a result of the government shutdown, ongoing trade tensions, and lower tax refunds."

WASHINGTON—The Financial Accounting Standards Board (FASB) has issued an update aimed at easing the transition to its current expected credit loss standard (CECL) by simplifying measurement practices.

WAUKESHA, Wis.–Retailers across Wisconsin that raced to offer CBD-related products are now reporting difficulties finding financial institutions willing to serve them.

ALEXANDRIA, Va.–Private flood insurance policies for applicable loans must be accepted by credit unions beginning on July 1, according to a Regulatory Alert sent by NCUA to all federally insured CUs.