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SCARBOROUGH, Maine–With non-profits still facing financial challenges as a result of the pandemic, Town & Country FCU said its “Local Helping Local” initiative provided much needed support and awareness to hundreds of non-profits during May. 

ARLINGTON, Va.—NAFCU is calling on the Financial Accounting Standards Board (FASB) to hold a roundtable for credit unions and other small financial institutions to discuss the impacts of the adoption of the current expected credit losses (CECL) accounting methodology.

ALEXANDRIA, Va.–Both NCUA and the CFPB have released their Spring 2021 regulatory agenda, with NCUA noting it is preparing a final rule on “combination transactions with non-credit unions; credit union asset acquisitions, which refers to credit unions buying banks, as well as rules related to CECL.

SAN ANGELO, Texas–A former Bank of America branch at the corner of West Twohig Avenue and US-277 here is undergoing an extensive renovation for its new owner, Texas Trust Credit Union.

MIRAMAR, Fla. –Tropical Financial Credit Union has awarded three scholarships totaling $10,000. One grand prize of $5,000 and two $2,500 scholarships were distributed to students.