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SEAFORD, Del.–Sussex County Federal Credit Union has a new name, which comes at the same time it is expanding outside of the county for which it is named. Sussex County FCU is now known as Tidemark FCU.

WASHINGTON—As Republicans and Democrats select their leaders during the 115th Congress, Senate Democrats have elected Sen. Chuck Schumer (D-NY) as minority leader, replacing outgoing Sen. Harry Reid (D-NV).

WASHINGTON–Following a motion by NCUA to dismiss the case, the Independent Community Bankers of America (ICBA) said it is reasserting its challenge to what it called the agency’s “unlawful commercial lending rule,” and further stated NCUA has tried to “evade judicial review.”

WASHINGTON—House Financial Services Committee Chairman Jeb Hensarling (R-TX) outlined his committee’s plans for regulatory relief for financial institutions during remarks at the Exchequer Club in Washington yesterday, NAFCU reported.

WASHINGTON–The National Retail Federation today called on Visa to stop using new EMV technology to steer debit card transactions to its own processing network, stating that the Federal Reserve has said the practice violates merchants’ legal right to competition over who will process the transactions.