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GREENBELT, Md.–Another person has been charged with PPP fraud in which more than a million dollars was misused to buy three-dozen luxury cars, make mortgage payments and more.

NEW YORK—Americans have largely relegated their travel rewards cards to the back of their wallet since the pandemic started, a new study shows.

NEW ORLEANS — Xplore Federal Credit Union has launched a new marketing website it said includes great new features to enhance user experience through innovative technology and stunning visual appeal. 

MIDLAND, Mich.– Dow Chemical Employees’ Credit Union has resumed its partnership with the Great Lakes Loons to benefit the local community.

BOSTON–A new poll of more than 10,000 small business owners reveals a newfound optimism that expedited vaccine distribution in the U.S. has kick-started the beginning of a recovery for some industries and groups, while others still suffer.

WASHINGTON—Total consumer credit rose 7.9% in February, at a seasonally-adjusted, annualized rate and is unchanged versus a year ago. Revolving credit, which is primarily credit cards, rose 10% during the month but is down 11.2% compared to February 2020.

SACRAMENTO, Calif.—California lawmakers are backing a bill to create BankCal, a government program that would offer a "zero-fee, zero-penalty" consumer banking option to the state’s residents.

VIRGINIA BEACH, Va. – Chartway Federal Credit Union has named Mallory Dimitruk vice president of default management.

WASHINGTON–NCUA, along with the other federal banking agencies, in consultation with the Financial Crimes Enforcement Network (FinCEN), has issued a joint statement addressing how risk management principles described in the “Supervisory Guidance on Model Risk Management” relate to systems or models used by banks to assist in complying with the requirements of Bank Secrecy Act (BSA) laws and regulations.