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RICHARDSON, Texas—CU REVL, LLC has acquired the assets of cuLearn, a CUSO focused on private education loan origination, the company said. 

DES MOINES, Iowa—Some of Iowa’s state lawmakers are again discussing taxing credit unions at the state level, with one official acknowledging it’s a divide-and-conquer strategy according to asset size. One banker even predicted success in Iowa on the tax issue would lead to similar success in other states.

MADISON, Wis.–The Worldwide Foundation for Credit Unions, the charitable arm of World Council of Credit Unions, said it is now distributing Project Storm Break funds to help two credit unions in The Bahamas repair infrastructure and replace equipment damaged by Hurricane Dorian.

RALEIGH, N.C.–State Employees Credit Union has made a $125,000 donation to the Worldwide Foundation for Credit Unions to support Project Storm Break, the disaster relief fund helping credit unions in The Bahamas recover from of Hurricane Dorian.

WASHINGTON—The Federal Open Market Committee's September meeting minutes offer new insights into the committee’s decision to cut rates by 25 basis points. In addition, the FOMC also addressed recent volatility in money markets, which led to the recent announcement of a planned expansion of the Federal Reserve’s balance sheet.

PLEASANTON, Calif.–Credit unions and their members across Northern California have been dealing with power outages as Pacific Gas & Electric has been turning off electricity in areas where there are high winds in order to head off sparking wildfires should lines go down.

MT. PROSPECT, Ill.–Cummins Allison said its complete line of ATMs have been Windows 10 certified with FIS Global/FIS CO-OP Financial Services and Worldpay.

WASHINGTON—President Donald Trump has signed an executive order requiring federal regulatory agencies to seek comment on major federal guidance and better explain the guidance to the public.