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WASHINGTON—The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive credit card late fees that it says cost American families about $12 billion each year.

WASHINGTON—Cybersecurity will be the top risk priority for most community banks over the next 18 months, with operational risk and compliance risk also high priorities, according to the ABA Banking Risk and Compliance Management 2023 Outlook survey.

MADISON, Wis.–The World Council of Credit Unions (WOCCU) will host a webinar titled “A Showcase of Digital Financial Inclusion and Entrepreneurship Solutions in Peru and Ecuador” on Feb. 21. The webinar will begin at 2 p.m. EST.

WILMINGTON, N.C.– Excite Credit Union has been named by Cigna as a recipient of its Silver level Healthy Workforce Designation for demonstrating a strong commitment to improving the health and well-being of its employees through a workplace wellness program.

NEW YORK– Glia, a provider of digital member service options, said it has  launched a CUSO.

Field of membership (FOM )has been a legal characteristic of credit unions from the first charters.

ALBUQUERQUE, N.M.–Nusenda has announced four new community lending partners in its Co-op Capital microloan program.

CUPERTINO, Calif.–Apple Pay, which many credit unions rushed to embrace after it was introduced in 2014 as they sought to get their cards top of wallet, has been rapidly gaining momentum, according to new data. It’s an ongoing development that deserves CU leaders’ attention.

TEXAS CITY, Texas–AMOCO FCU  has selected PSCU to provide it with full-service credit card processing support and services.