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ALEXANDRIA, Va.—The NCUA board discussed the revised risk-based capital proposal at Thursday’s open board meeting during which the proposal was approved by a 2-1 vote.

ALEXANDRIA, Va.—While the risk-based capital proposal dominated the NCUA board agenda, several other items actually preceded it for a vote, including timing of stress testing for some CUs and an FOM expansion.

ORLANDO, Fla.—Worldwide Interactive Services, LLC has acquired Alternative Computing Environments (ACE), a privately held software firm that offers reconciliation and investment modules as well as integration consulting services to credit unions.

LOS ANGELES—“Something transformative” could be in store for underbanked immigrants, according to a discussion among credit unions and other experts here.

COLUMBUS, Ohio—Telhio CU has purchased Huntington National Bank’s wealth management office here for $2.5 million.

NEW YORK—There are seven mobile banking debit card management tools available that not only help FIs save money and prevent fraud, they drive adoption of the digital wallet, according to one new analysis.

PLANO, Texas—For the first time the Cornerstone CU League has held a board election.