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ANAHEIM, Calif.–There are six key consumer trends credit unions should be watching now if they expect to thrive in the “expectation economy.”

The Consumer Financial Protection Bureau (CFPB) recently outlined its intent to make financial institutions the preferred providers of short-term, small dollar loans to U.S. consumers over payday lenders, as the majority of small-dollar loan products offered today often exceed 400% APR and are therefore a large contributor to the debt spiral impacting the 25-million middle class Americans.

COSTA MESA, Calif.—Compared with the overall small business population, minority-owned small businesses are slightly behind when it comes to credit management, a new study shows.

CLARKSTON, Mich.—The troubled Clarkston Brandon Community CU, conserved by state regulators in January after former CFO Michael LaJoice allegedly admitted to stealing more than $20 million from the organization, has merged into Michigan State University FCU, NCUA announced Friday.

ALEXANDRIA, Va.—NCUA Chairman Debbie Matz Tuesday is encouraging credit unions to use the agency’s financial literacy resources during Financial Literacy Month to help members better manage and protect their finances.

WASHINGTON—CUNA has announced two keynote speakers for its America’s Credit Union Conference in Seattle this June.

ST. PETERSBURG, Fla.–In order to ensure it is available at any hour, every day, and through multiple channels for the 18 million members of its 800-plus owner credit unions, PSCU said it is partnering with Avaya, a leader in business communications software, systems and services.

CHATTANOOGA, Tenn.– William Strickland, who retired in 2015 as the CEO of Tennessee Valley FCU, has died. He was 62.

LONGVIEW, Wash.—After leading Fibre FCU for 15 years, CEO Larry Hoff will retire at the end of the year.

HERNDON, Va.–Northwest FCU is investing in STEM (science, technology, engineering and mathematics) literacy for the children of northern Virginia by sponsoring the Children’s Science Center’s Discovery Zone Gallery in the Lab.