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PURCHASE, N.Y.—U.S. retail sales excluding automotive were up +8.8% year-over-year in January, according to Mastercard SpendingPulse data, which measures in-store and online retail sales across all forms of payment.

MADISON, Wis.–CMFG Ventures, the venture capital arm of CUNA Mutual Group, has released a report that provides details on the impact of its Discovery Fund, which was created to invest in early-stage companies with diverse founding teams building solutions for financial inclusion.

WASHINGTON– The American Bankers Association said a proposed rule that would require certain federal contractors to disclose and reduce their greenhouse gas emissions could place “impractical requirements” on banks and other businesses.

ARLINGTON, Va.– James Barr, who served as the first CEO of what is now the National Association of Federally Insured Credit Unions (NAFCU), has died. Mr. Barr was 87.

MADISON, Wis.–The Filene Research Institute, in partnership with Native Women Lead and Urban Strategies, announced it has selected the first cohort of credit unions accepted into its Racial Economic Equity Incubator (REE Incubator).

WASHINGTON–The Worldwide Foundation for Credit Unions is reporting that during December it disbursed three new grants worth a total of $355,000 from its Ukrainian Credit Union Displacement Fund to help credit unions in Ukraine cover the cost of operating expenses, purchase alternative sources of power and recover the unpaid interest on loans as part of its continuing effort to provide relief amid Russia’s ongoing full-scale invasion of Ukraine.

BROOKFIELD, Wis.–Fiserv has been named one of Fortune’s “World’s Most Admired Companies” for 2023. The annual ranking identifies the organizations with the strongest reputations within their industries and across industry sectors.

JACKSON, Mich.--American 1 Credit Union has promoted Dylan Savage to Chelsea Branch Manager.