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WASHINGTON—The Defense Credit Union Council is asking the Department of Defense to champion its concerns over the new IRS reporting proposal, and take those concerns to Capitol Hill.

NAPERVILLE, Ill.—The eighth winner in Alloya Corporate FCU’s “10 for 10 for 10” initiative has been named: Brighter Tomorrows, Inc.

WASHINGTON— U.S. economic activity grew at a modest to moderate rate in recent months, with the pace of growth slowed due to supply chain disruptions, labor shortages and the effects from the Delta variant, according to the Federal Reserve’s latest Beige Book data.

WASHINGTON—Credit union members from coast to coast have “grave concerns” with a proposal to expand financial institution reporting to the Internal Revenue Service (IRS), CUNA, the American Association of Credit Union Leagues, and all 35 Leagues stated in a letter to Congressional leadership.

WASHINGTON—NAFCU and CUNA have joined with several financial trade organizations on a letter to members of the Wisconsin Assembly Committee on Financial Institutions that warns of the “troubling” side effects of Wisconsin legislation that would prohibit interchange on the sales tax provision of electronic payment transactions.

MASSILLON, Ohio–Friends and Family Credit Union has named a new president and CEO.