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ST. PETERSBURG, Fla.– Despite inflation, strong consumer purchasing activity can be seen in the latest  PSCU Payments Index, which includes member spending data through May.

MILWAUKEE, Wis.– Corporate Central CU said it plans to launch a new member service platform in the Fall of this year called “Beastro” that is designed to be a user-friendly, open, and integrated correspondent services digital platform to further advance financial wellness for members and the people they serve. 

PLYMOUTH, Minn.–TruStone Financial Credit Union said it has entered into the first known name, image, likeness (NIL) deal with a high school athlete in the state.

ARLINGTON, Va.—Total retail sales fell by 0.3% in May after having increased 0.7% in April and increasing another 1.2% in March.

WASHINGTON—The CFPB has issued a new blog post on buy now, pay later (BNPL) and credit reporting that reviews the harms associated with BNPL providers failing to furnish data to consumer reporting agencies, and recommends three specific changes to the way in which BNPL data is reported.

TUKWILA, Wash.–Credit union CEOs in two states have announced retirement plans.

BALTIMORE--Securityplus Federal Credit Union has named Obi Ndukwe Chief Experience & Impact Officer.

MANCHESTER, N.H.--St. Mary’s Bank has promoted Amy Gauthier to branch sales & service manager of the Hudson office.