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WASHINGTON—The Trump Administration said it is taking steps to encourage banks to make more short-term loans.

ALEXANDRIA, Va.—The NCUA board will discuss final rules on capital planning and stress testing, and advertising provisions at its open board meeting Thursday.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued an updated FAQ document to help financial institutions better understand the scope of the agency's customer due diligence (CDD) final rule under the Bank Secrecy Act (BSA).

NEW YORK­–New York Attorney General Eric T. Schneiderman has announced a $2.25-million settlement with Franklin, Tenn.-based Southeast Financial Credit Union related to student loans financed by the credit union in conjunction with The College Network.

FORT WASHINGTON, Penn.–TruMark Financial Credit Union has introduced a new branding initiative that it said aligns with its member-focused philosophy and aims to strengthen the credit union’s visibility in Southeastern Pennsylvania

COLORADO SPRINGS, Colo. –Harrison District 2 FCU here is reporting its limited asset size has not limited it in being able to select a much-improved core processor.

WASHINGTON–The CUNA Small Credit Union Committee has sent a letter to the NCUA board that includes praise for steps taken by the agency to improve efficiencies, but which also reminded that “significant changes to examination and supervision processes are often more burdensome and costly for small credit unions to implement.”

LONDON—The European Union's banking watchdog has set out a "roadmap" to help plug gaps in how the rapidly evolving financial technology sector is regulated, but urged caution in tackling cryptocurrencies.

SOMERVILLE, Mass.– Naveo Credit Union is celebrating its 90^th Anniversary throughout the year with several member-centric activities.

WASHINGTON–The Credit Union Cherry Blossom Ten Mile Run is set for Sunday here, while the Credit Union SacTown Run will take place in Sacramento, Calif.