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WASHINGTON—Coinbase, an online platform for the purchase sale and transfer of digital currency, is footing the bill for a lawsuit filed against the Treasury Department by users of the recently sanctioned crypto service, Tornado Cash, according to a new report.

MANCHESTER, N.H.–The nation’s oldest credit union, St. Mary’s Bank recently created the 603 Account, a unique checking account that benefits both those who open—or convert to—this account and New Hampshire non-profits.

BASINGSTOKE, U.K. –The number of buy now, pay later (BNPL) users will surpass 900 million globally by 2027, increasing from 360 million in 2022, according to a new study from Juniper Research.

WASHINGTON–CU Collaborate has been named as a partner by CrossState Solutions, a unit of the CrossState Credit Union Association, which serves credit unions in New Jersey and Pennsylvania.

NORTH LIBERTY, Iowa–GreenState Credit Union said it has eliminated 42 jobs, citing a decline in loan applications in certain areas.

MIAMI–Nine new job openings have just been added to CUToday.info’s free job board, The Gig, including three in the last two  days.

CENTURY, Fla.–Alabama-based All In Credit Union has acquired a branch of Pensacola, Fla.-based Pen Air FCU here in this town that lies on the Florida/Alabama border in the panhandle region.

NEW YORK–Morgan Stanley has been hit with a $35 million fine for “astonishing” failures that led to the mishandling of sensitive data, after it failed to wipe the hard drives of old computers it was disposing of.

WASHINGTON–U.S. consumers are once again adding new credit card debt by the billions racking up $67.1 billion during Q2 2022, according to WalletHub’s latest Credit Card Debt Study, which also offers insights into trends on card pricing, fees and performance.

PHOENIX—The rapidly rising price for new vehicles—now at $47,000—should have credit unions rethinking their lending processes, says one automotive expert.