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LEWISTON, Idaho–Potlatch No. 1 Financial Credit Union here has made more than a half-million-dollar contribution and received the naming rights to a new high school auditorium being built here.

DALLAS–Credit Union of Texas (CUTX) said it has selected SWBC Investment Services to oversee the development and management of its investment program.

TACOMA, Wash.–Ronaldo Hardy, known to many in credit unions for his work leading credit unions as well as efforts to expand diversity, is joining CU Strategic Planning. 

CARLISLE, Penn.–Navy FCU’s branch located on U.S. Army Garrison Carlisle Barracks here has received the Department of the Army’s Distinguished Credit Union Service Award for 2018.

WASHINGTON—CUNA is a asking the CFPB to streamline its Regulatory Flexibility Act (RFA) review process to reduce regulatory burden on credit unions, and is encouraging the Federal Reserve to expand the ACH processing window.

WASHINGTON—The CFPB is being urged to "consider more frequent reviews of its significant rulemakings to identify ways to reduce burdens on small entities like credit unions."

BASEL, Switzerland–The Basel Committee has revised the leverage ratio treatment of client cleared derivatives to generally align it with the standardized approach measuring counterparty credit risk exposures (SA-CCR) as used for risk-based capital requirements, according to the World Council of Credit Unions, which supported the move.

WASHINGTON—With the basis for many rates, the London Interbank Offered Rate (LIBOR), expected to no longer publish after 2021, Fannie Mae is set to develop an adjustable-rate mortgage product that will be indexed to the Secured Overnight Financing Rate (SOFR).

LOWELL, Mass.–More than 100 kids in the Lowell, Lawrence and Nashua areas joined players from the New England Patriots Alumni Club to participate in “Football For YOU” camps, sponsored for the sixth consecutive year by Jeanne D’Arc Credit Union.

AUSTIN, Texas–FirstClose has published a new white paper: “Suitability Logic: The Next Big Innovation.”