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WASHINGTON—Colorado’s two senators, Sen. Michael Bennet (D) and Sen. Cory Gardner (R), have sent a letter to the Financial Crimes Enforcement Network urging it to retain its Feb. 14, 2014 guidance for financial institutions that serve marijuana businesses.

DENVER—A bill introduced by Colorado Rep. Ed Perlmutter (D) that would allow banks to serve marijuana-related businesses without fear of penalties from the federal government got a boost this week from a bipartisan coalition of state attorneys general.

LOWELL, Mass.– As the New Year rang in, Jeanne D’Arc Credit Union closed out the last Give-A-Click campaign of 2017 with Hidden Battles as the winner. Hidden Battles received a $1,500 donation from the Credit Union’s We Share A Common Thread Foundation. 

HOUSTON–Four credit unions have now have all of their ATMs under the management of Dolphin Debit, a full-service ATM management company.

WASHINGTON—NAFCU this week met with CFPB staff to discuss the next steps in the Bureau's implementation of Section 1071 of the Dodd-Frank Act, which would require financial institutions – including credit unions – to collect small business-related information and report it back to the CFPB.

WASHINGTON—Credit unions are getting close but have not yet reached 10% of the overall national mortgage market, having taken a slight step back from a year earlier.

WASHINGTON—Sonya McDonald, executive vice president and chief lending officer at Randolph-Brooks Federal Credit Union, will deliver the credit union perspective on how to strengthen the Small Business Administration's 7(a) loan program before the House Small Business Committee next Wednesday.

DOVER, Del.–The Del-One Foundation is reporting it finished strong with the annual Give Back campaign by donating $2,000 to the Delaware Ovarian Cancer Foundation.

WASHINGTON—Senator Elizabeth Warren (D-MA) is calling on the United States to review what she said are outdated laws for combating money laundering that have created an undue compliance burden for small and community banks.

WASHINGTON–At its recent meeting the CUNA board agreed to a 2018 budget that projects a negative $4.9 million bottom line primarily due to the one-time costs associated with its move into new leased office space in Washington, D.C.