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ALEXANDRIA, Va.–Fifteen more credit union merger proposals have been filed with NCUA, according to the newest review by CUToday.info, with those seeking to combine listing the typical reasons for making the move, including crushing regulatory costs, as well as some unusual reasons, as well.

SEATTLE–BECU is reporting robust membership and asset growth during 2021, including returning more than $322 million to members through better rates and fees when compared to banks.

WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has released an enforcement memorandum designed to prohibit practices on claims about FDIC insurance, saying the “issue has taken on renewed importance with the emergence of various crypto assets and the risks posed to consumers if they are lured to these or other financial products or services through misrepresentations or false advertising.

MILWAUKEE, Wis.–Member credit unions ofCorporate Central received an update on its financials and also elected its new board during its annual meeting here.

WASHINGTON—CUNA and its state leagues continue to press Congress to support a number of bills that are in markup before the House this week.

WASHINGTON—Several senators are requesting that the Treasury Department immediately implement the Corporate Transparency Act (CTA) in order to upgrade the country’s anti-money laundering laws and impose sanctions on Russian oligarchs.

ST. PETERSBURG, Fla.—A combination of strong job growth and low unemployment is fueling consumer spending, which continues to drive credit card usage higher, reports PSCU in its May edition of its Payments Index.

WASHINGTON—CUNA has written to members of Congress who have roles in appropriations expressing support for $50 million in funding for the U.S. Agency for International Development’s Cooperative Development Program (CDP) for fiscal year 2023.

LAKE FOREST, Ill.—As credit unions stress to Washington that fairly priced overdrafts are needed by members, one person is questioning whether CUs have made it clear they have been steadily dropping their fees over the last 15 years.

MADISON, Wis.–The Worldwide Foundation for Credit Unions WFCU) is reporting it has now raised $1.37 million for its Ukrainian Credit Union Displacement Fund.