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NEW YORK–Bad debt in consumer credit cards has jumped to its highest level in nearly seven years, and while some see red flags, at least one analyst believes data “may not paint the full picture.”

WASHINGTON—Sens. Steve Daines (R-MT) and Gary Peters (D-MI) have reintroduced legislation designed to help protect personal information of American servicemembers and foreign service personnel who move overseas.

WASHINGTON – The U.S. economy posted stronger than expected performance during the first quarter of this year.

HOBOKEN, N.J.–A new analysis of student debt over the past decade offers a look at how “the situation has severely worsened over the last 10 years,” while also showing average debt at 922 colleges and universities in the United States.

INDIANAPOLIS—The Indiana Credit Union League and the trade group representing Dominica’s credit unions have signed an agreement they say is designed to foster innovation.

MODESTO, Calif.–Valley First Credit Union has selected a new CEO to replace the retiring Hank Barrett. Named to succeed Barrett effective May 20 is Kathryn Davis, who has most recently served as the CEO of BALANCE.

HERNDON, Va.–The NWFCU Foundation  recently ran a weekend meal program drive to collect non-perishable food items to provide nourishing meals for at-promise children to have on weekends.

NEW BRITAIN, Conn.–The ordeal of Matthew Yussman, the credit union CFO who was held hostage overnight and then sent to his CU’s office with what he was told was a bomb strapped to his chest as part of a robbery attempt, was profiled on NBC’s Dateline program.

HAUPPAUGE, N.Y.- Mid-Hudson Valley FCU is now using GrooveCar’s CU Xpress Lease product, the company reported.

WASHINGTON—Debit card issuers subject to the Durbin Amendment’s interchange price controls saw their average authorization, clearing, and settlement expense, excluding fraud, fall to 3.6 cents per transaction in 2017, down 54% since 2009, the Fed reported.