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FOSTER CITY, Calif.—Visa has approved a prepaid card backed by the cryptocurrency Monaco. The move is part of broader efforts by Visa to move into digital currencies.

HOUSTON–PrimeWay Federal Credit Union has named T.W. Jolly as its new executive vice president and chief operating officer.

BIRMINGHAM, Ala.—The micro-investing industry went through two major shifts over a recent weekend.

ELK RIVER, Minn.–Kristen Fuchs has been named Elk River Branch Manager for SPIRE Credit Union. 

CHRISTMAS VALLEY, Ore.–Pacific Crest FCU has offered an early present to residents of Christmas Valley, Ore.

NEW YORK—The impact of plummeting taxi medallion values continues to spread across more New York City area credit unions.

FARMINGTON HILLS, Mich.—Community Choice CU has integrated an invoicing and receivables system into its home banking platform to attract more small business accounts and drive deeper relationships with its existing small business members.

WASHINGTON—With Regulation Z identifying additional compliance requirements associated with loan transactions that are considered higher-priced, CUNA has broken down these requirements and identified the updated higher-priced mortgage loan (HPML) appraisal exemption threshold for 2018.

WASHINGTON–Nineteen credit unions have appealed the National Credit Union Administration’s decision to retain the bulk of the initial surplus resulting from the agency’s decision in September to merge the Temporary Corporate Credit Union Stability Fund (TCCUSF) into the National Credit Union Share Insurance Fund (SIF).

WEST LAFAYETTE, Ind.—Consumers are becoming accustomed to instant gratification with rewards programs, which is why one credit union believes the year-end dividend model needs to change.