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Banker Letter to Sen. Orrin Hatch

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Letter from bankers' associations to Sen. Orrin Hatch urging revocation of CU tax exemption.

ARLINGTON, Va.—Total retail sales decreased 0.3% in January – the biggest decline in nearly a year. NAFCU Research Assistant Yun Cohen said retail sales were down due to slowing vehicle sales.

EL PASO, Texas—evolve FCU is now paying 5% APY on its ePriority Checking account, a move the credit union made only after streamlining operations and letting some members leave so it could deliver the sky-high rate to members.

ST. PETERSBURG, Fla.—PSCU has announced the full agenda for its Member Forum, including University of Alabama Coach Nick Saban, author and entrepreneur Guy Kawasaki, Rent the Runway Co-Founder Jennifer Fleiss, and PayPal CEO and President Dan Schulman.