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ASHLAND, Ky.–Two Kentucky credit unions have announced plans to merge. The 531 members of the $4.3-million Greenup County FCU have voted in favor of merging into Members Choice Credit Union.

NEW YORK—A new report from Finaria forecasts the global digital payments industry will reach a $6.6 trillion value in 2021, a 40% increase in two years.

ALEXANDRIA, Va.–NCUA’s consumer complaint program is performing well, but there are issues related to internal controls over complaint processing and communications with stakeholders, according to a new report from the agency’s Office of Inspector General (OIG).

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services, always a significant presence during CUNA’s Governmental Affairs Conference (GAC), said it will be front-and-center again this year even as the event is held virtually for the first time.

ARLINGTON, Va.–The National Association of State Credit Union Supervisors announced the winners of its 2020-2021 Pierre Jay Award, which is the highest honor presented by the association.

WASHINGTON—The CFPB issued an updated small entity compliance guide for its ability to repay (ATR)/qualified mortgage (QM) rule to account for recent changes made to the general QM definition and creation of the new category of seasoned QMs.

SAULT STE. MARIE, Ontario–Northern Credit Union here said it plans to consolidate seven branches into larger locations as digital and other online solutions prove popular with customers.