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ARLINGTON, Va.—NAFCU has lodged concerns with the Treasury Department over potential burdens on depository institutions, such as credit unions, from a new proposal.

HANSCOM AFB, Mass.–Hanscom FCU has pledged support for the Airman Leadership School at Hanscom AFB with a $2,200 donation.

ST. PETERSBURG, Fla./ALBUQUERQUE, N.M.—The Credit Union Association of New Mexico has announced a partnership with PSCU to augment support for the association’s 42 credit unions.

WASHINGTON—President Donald Trump’s nomination of Steven Mnuchin to be the next Treasury secretary was reported out favorably by Senate Finance Committee Republicans, despite a boycott by panel Democrats’ of the vote.

DULUTH, Ga.–Members of Georgia’s credit unions received a direct financial benefit of $87 per member and $165 per household for the 12 months ended September 2016 vs. having had the same relationships with banks, according to the Georgia Membership Benefits Report compiled by Georgia Credit Union Affiliates.

CAPE BRETON, Nova Scotia–Two credit unions here have merged and formed a new organization under a new name.

PLEASANTON, Calif.—One forecast is calling for the rapid rise of person-to-person (P2P) payments in the United States.

SEOUL, South Korea—Samsung intends to release its foldable smartphone in the third quarter of 2017, according to a new report.

SAN DIEGO–Mission Federal Credit Union is offering members with qualifying auto loans a reduced interest rate of up to 3% through its “Rate Break” program.

TIGARD, Ore./SEATAC, Wash.–Credit unions in Oregon and Washington created a $7.7-billion economic impact in 2016, according to a new analysis released by the Northwest Credit Union Association.