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RALEIGH, N.C.–After its most recent board elections results ended in dissidents ousting three members of its board, State Employees Credit Union said it is studying potential changes to how members elect board members.

WASHINGTON—A CFPB proposal that would prohibit certain fees for instantly declined transactions has a “broad unfair, deceptive, and abusive acts or practices (UDAAP)” approach that concerns America’s Credit Unions, the organization wrote in comments filed with the Bureau.

WASHINGTON—The CFPB does not understand the scope of what it is asking regarding a proposed new information collection related to auto lending, according to a number of groups that includes credit unions.

MADISON, Wis.–The Worldwide Foundation for Credit Unions will host a webinar today on “ICUDE.”

TEGUCIGALPA, Honduras—The Honduran National Banking and Insurance Commission (CNBS) has prohibited cryptocurrencies from the country’s financial system.

LONDON—To align with E.U. standards, the United Kingdom has unveiled plans to integrate both stablecoins and central bank digital currencies (CBDCs) into its regulatory structure, according to a new report.

TUSTIN, Calif.–SchoolsFirst FCU won two Diamond Awards from the Marketing & Business Development Council of America’s Credit Unions.

WARNER ROBINS, Ga.--Robins Financial Credit Union has named Tersugh Tivzenda Director of Compliance and Corporate Counsel.