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PITTSBURGH–Mergers among credit unions in Pennsylvania and California have been announced.

WASHINGTON—In response to the CFPB's advance notice of proposed rulemaking on section 1033 of the Dodd-Frank Act, NAFCU s urging the Bureau to "avoid implementing section 1033 in a way that impairs a credit union's ability to protect its members' data from the risk of theft or abuse."

MADISON, Wis.–The World Council of Credit Unions has announced it will host a webinar offering insights into CU successes in other countries.

ATLANTA–It appears the nation’s kids are contributing to all that liquidity in financial institutions by saving more and spending less.

ST. PETERSBURG, Fla.–Card payment data softened a bit among credit union cardholders in the latest analysis released by PSCU, although debit purchases during January saw one of their strongest increases ever.

LONDON–The British government plans to introduce rules for the “buy-now pay-later” (BNPL) credit market after the unregulated market spiked as consumers struggled during coronavirus pandemic lockdowns.

TALLAHASSEE, Fla.– United Solutions Company (USC) and Coconut Software have agreed to a partnership.

RICHMOND, Va.—The Virginia House and Senate have passed legislation to establish a consumer data protection law in the state, but it comes with a provision not found in the earlier California Consumer Privacy Act (CCPA) that many have held up as a model--the Virginia bill includes language to exclude entities covered by the federal Gramm-Leach-Bliley Act (GLBA), including credit unions.

WASHINGTON—The CFPB is now accepting applications for its previously announced tech sprint on Home Mortgage Disclosure Act (HMDA) data reporting.

CUMBERLAND, Md.–Chessie Federal Credit Union has named a new CEO. The $352-million CU has selected Scott Kline to lead the organization, succeeding Richard “Doc” Daugherty, who retired after 33 years of service.