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CHICAGO–With consumer credit performance maintaining healthy levels across auto, credit card, personal loans and mortgages, lenders continued to ramp up new account origination growth in the non-prime segment of the market near the end of 2021, according to a new report from TransUnion.

WASHINGTON—NAFCU, CUNA and several trade associations have sent a letter to the Federal Reserve citing concerns around interchange and expressing support for the board’s proposal to extend, without revision, current recordkeeping procedures associated with Regulation II—which covers debit card interchange fees and network routing exclusivity.

NEWPORT, R.I.–People’s Credit Union has kicked off a year of activities to celebrate its 100^th anniversary, including a number of new partnerships and the creation of a community time capsule.

NEW YORK–NYDIG, a bitcoin company with which two credit unions have now partnered to allow members to buy and sell bitcoin, has now introduced a Bitcoin Savings Plan it said will allow employees of certain companies get paid in bitcoin.

WASHINGTON—NAFCU has written a new letter in support of including the Secure and Fair Enforcement (SAFE) Banking Act as an amendment to the America COMPETES Act as the House considers the package.

WASHINGTON—During its meeting this week the Financial Accounting Standards Board (FASB) unanimously voted to draft a final update eliminating troubled debt restructuring (TDR) accounting guidance for creditors who have adopted the current expected credit loss (CECL) standard, with an effective date of Dec. 15, 2022.

ST. PETERSBURG, Fla.–PSCU will host a webinar titled “Driving Growth and Personalized Member Experiences in an Ever-Changing Environment.”

SALT LAKE CITY–During April, Credit Unions for Kids is asking all credit unions to participate in a cooperative fundraiser that involves donating a portion of the CU’s ATM Foreign Transaction Fees to Children’s Miracle Network hospitals.