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ALEXANDRIA, Va.—The NCUA board is set to meet this week and is set to issue an interim final rule (IFR) on prompt corrective action (PCA). Also on the agenda, the board will receive a briefing on cybersecurity.

FORT WASHINGTON, Pa. — TruMark Financial Credit Union has appointed Suzette Adams to its Board of Directors.

WASHINGTON—The Independent Community Bankers of America (ICBA) has released its annual list legislative and regulatory priorities and, not surprisingly, the credit union tax exemption is near the top.

ARLINGTON, Va.—After falling in February, retail sales rebounded strongly in March, rising 9.8%.

NEW YORK—A now defunct, $2-million credit union in this state was allegedly victimized by two men who misrepresented themselves as AML experts who ran more than a billion dollars in “high-risk transactions” through the credit union without ever filing a single Suspicious Activity Report, according to an indictment unsealed in the Eastern District of New York.