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ANAHEIM HILLS, Calif.–Two California CUs have announced a merger. The $29.5-million Cedars-Sinai FCU will merger into the $1.5-billion Credit Union of Southern California (CU SoCal) effective May 1.

WASHINGTON—CUNA has updated its Military Lending Act (MLA) credit card fee spreadsheet for the first quarter of 2019.

WASHINGTON—The Financial Accounting Standards Board (FASB) has issued an update with amendments to the current expected credit loss (CECL) standard.

ARLINGTON, Va.—NAFCU has expressed its general support for NCUA's proposed rulemaking on supervisory committee audits and verifications, thanking the agency for its "commitment to providing supervisory committees flexibility in performing their audit duties."

KEY WEST, Fla.–Four credit unions that have found ways to target, attract and become relevant to Millennial-age and younger members shared their strategies and experiences in doing so during NAFCU’s CEOs and Senior Executives Conference here.

ARLINGTON, Va.—Total vehicle sales decreased to a rate of 16.4 million annualized units in April, and the decline is expected continue in coming months, said NAFCU Research Assistant Dhruv Singh.

MADISON, Wis.–Can’t make it to the Bahamas for the World Credit Union Conference? The meeting can now come to you, minus the sand and surf.

BROOKFIELD, Wis.—What’s behind the “high occupancy vehicle” lane at some credit unions?

AUSTIN, Texas—The Texas Credit Union Department is expressing concern over early-stage delinquencies among CUs in this state.