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NEW YORK–A new study offers insights into just how much inflation is costing depositors when it comes to their funds in interest-bearing accounts.

BROOKLYN, N.Y.–Polish & Slavic FCU is reporting it has set two new records this year by awarding 488 young members with scholarships that totaled $551,000, which is $51,000 more than it has awarded before.

WASHINGTON—NAFCU has awarded Reps. Tom Emmer (R-MN) and Ed Perlmutter (D-CO) the NAFCU Credit Union Champion Award in recognition of their “leadership and track record of success on important credit union industry issues.”

WASHINGTON—A top United States financial crimes enforcement official has directed the crypto industry to proactively blacklist “problematic” wallets even before Treasury officials order them to do so, according to a new report.

LANCASTER, Penn.–Following six years of planning, a credit union that was granted its federal charter in 2021 has opened its first branch here.

ATLANTA—The United States Court of Appeals for the 11^th Circuit has published a decision holding that the Dodd-Frank Act “does not prohibit the enforceability of delegation clauses contained in consumer arbitration agreements ‘in any way.’”

ALEXANDRIA, Va.–NCUA has announced a pair of upcoming webinars, the first to focus on challenges faced by small credit unions, the second on call reports.

WASHINGTON—Two senators have unveiled a wide-ranging legislative proposal to regulate cryptocurrencies and other digital assets.

BROOKFIELD, Wis.—Gift card usage is on the rise, according to Fiserv’s Q2 Gift Card Gauge, a quarterly survey of more than 1,000 U.S. consumers which measures consumer spending habits in relation to gift cards.