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PHOENIX–In partnership with Harkins Theatres, Desert Financial Credit Union helped give away 500 pairs of movie tickets over the weekend to help celebrate Father’s Day.

NEW ORLEANS–As a means of streamlining rulemaking, federal financial institution regulators are working on a “joint data intake system,” the CFPB’s director told a bank group meeting here.

MADISON, Wis.­–Members of the World Council Young Credit Union Professionals (WYCUP) are now looking to replicate a model for youth committees established by the largest credit union system in Brazil and expand it worldwide.

ARLINGTON, Va.—What are the specific requirements Regulation Z imposes related to solicitations and advertisements for student loans?

WASHINGTON—The Financial Accounting Standards Board (FASB) has moved forward a proposed accounting standards update to its current expected credit loss (CECL) standard.

ARLINGTON, Va.—In response to recent attacks from the Independent Community Bankers of America (ICBA) challenging credit unions' federal tax exemption and the NCUA's actions as an independent regulator, NAFCU President and CEO Dan Berger argued that "the true nature of their request is political, and designed to stymie competition."

EDINBURG, Texas–Credit unions in Texas and Pennsylvania have named new CEOs.

CLEVELAND–Splash Financial, a start-up that has partnered with the Pentagon Federal Credit Union to refinance student loans, has raised $4.3 million in a round of venture financing led by CMFG Ventures, a unit of CUNA Mutual Group, and Northwestern Mutual Future Ventures.

FRANKENMUTH, Mich.–The loan manager at a credit union is among 22 people here who have been arrested as part of a child sex sting operation.

WASHINGTON—The latest jobs report – with 75,000 jobs gained in May – reveals inflation-related pressures are minimal, which, combined with other concerns, could force the Fed to cut interest rates, asserts one analyst.