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BOSTON–Former NCUA Board Member Rodney Hood has joined his second fintech board.

INTERNATIONAL FALLS, Minn.–After a three-year absence, TruStar Federal Credit Union said it is paying a patronage dividend of $650,000 to eligible members.

WASHINGTON–Members of the New Democrat Coalition and the Congressional Hispanic Caucus in Congress have sent separate letters to Navy Federal Credit Union CEO Mary McDuffie and to agencies and regulators across the federal government demanding answers to more than a dozen questions related to alleged mortgage lending bias at the credit union.

WASHINGTON— The Consumer Financial Protection Bureau (CFPB) has issued a circular to law enforcement agencies and regulators explaining how companies operating comparison-shopping tools “can break the law when they steer consumers to certain products or lenders because of kickbacks.”

OAK BROOK, Ill.–It turns out there’s one place where inflation isn’t being felt—how much the Tooth Fairy is paying children for a lost tooth.

WASHINGTON–The American Bankers Association and 52 state bankers associations have sent a joint letter to lawmakers in the House and Senate calling for a hearing to be held over “whether the credit union industry’s tax exemption is justified by the community benefit it produces.”

WASHINGTON—CFPB Director Rohit Chopra recently met with America’s Credit Unions with representatives of America’s Credit Unions on topics ranging from  the credit union difference to the “negative impacts of misguided or poorly tailored regulations,” according to the association.

WASHINGTON—Credit unions support a more transparent process for changes to NCUA’s Call Report, but more notice is needed, America’s Credit Unions told NCUA in a letter.

LINDEN, N.J.–In conjunction with Leap Day yesterday, Motion Federal Credit Union unveiled a once-every-four-years certificate offer paying a leaping 29% APY.