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WASHINGTON–With numbers lower than expected, new home sales declined a bit in May following strong sales during April.

DUBUQUE, Iowa—The U.S. Department of the Treasury has certified Dupaco Community Credit Union as a Community Development Financial Institution (CDFI), which designates specialized organizations serving low-income communities and to people who lack access to financing.

ALEXANDRIA, Va.—PenFed Credit Union has been recognized as the Army Credit Union of the Year as its branch in Fort Hood, Texas, receives the Department of the Army Distinguished Credit Union Service Award.

NASHVILLE, Tenn.--Daon, a global leader in mobile biometric authentication technology, won the 2016 NAFCU Services Innovation Award.

JOHNSON CITY, Tenn. –Banc Intranets, a provider of secure, web-based enterprise content management solutions for financial institutions, announced that Leominster Credit Union implemented its BancWorks employee intranet across nine branches to maximize the accessibility to internal information for its employees.

WASHINGTON–The National Retail Federation today said Congress should reject a proposal from the chair of the House Financial Services Committee to repeal a cap on debit card swipe fees.

WASHINGTON–CUNA is asking NCUA for reassurances the agency will provide assistance with implementation of Accounting Standards Update No. 2016-13, Financial Instruments–Credit Losses, which was recently issued by the Financial Accounting Standards Board (FASB).

WASHINGTON–There are no proposed changes to the credit union tax exemption in the latest agenda paper released by Speaker of the House Paul Ryan (R-WI) and House Ways and Means Chair Kevin Brady (R-TX).

WOOD BURY, Minn.–Scott Zoellner has joined the Wealth Advisors team at Ideal Credit Union. Zoellner has worked in the investment and insurance industry for over 20 years, most recently with Prudential Advisors, where he was a manager recruiting and developing junior Financial Advisors for over 9 years.

LAKE FOREST, Calif.–Rep. Loretta Sanchez’s office recently recognized Eagle Community Credit Union for its efforts with the Letter Carriers’ Stamp Out Hunger Food Drive.