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WASHINGTON—How serious are discussions about consolidating financial services industry regulators as the Trump Administration moves closer to taking office?

CHICAGO—A new study backed by merchant groups shows Illinoisans are in favor of the Interchange Fee Prohibition Act, Eastern Progress reported.

WASHINGTON—As the final week of the 118th Congress arrives, both the defense Credit Union Council and America’s Credit Unions continue to pay close attention to the progress of the National Defense Authorization Act (NDAA), and any potential amendments that might be added to the legislation that could be detrimental to credit unions.

WASHINGTON—There is significant concern that Nacha’s proposed addition of a fourth Same Day ACH (SDA) processing window will correspond with greater operational burden for many credit unions receiving depository financial institutions (RDFIs), America’s Credit Unions wrote in a comment letter sent to Nacha.

PANAMA CITY, Fla.—The $1.9-billion Tyndall FCU deposited $16 million into more than 86,000 of its members’ accounts this week, WJHG.com reported.

PITTSBURGH.—Plans to merge the $347-million St. Norbert's CU here with $16.6-million Alcose Credit Union, based in White Oak, Pa., have been scrapped, according to the Pittsburgh Business Times.

WASHINGTON—If the Trump Administration were to combine federal financial institution regulators, the credit union difference would be lost, the Defense Credit Union Council contends.

LAKE MARY, Fla.—The $2.7-billion Addition Financial here intends to merge in the $871-million Envision CU, based in Tallahassee, Envision CU reported on its website.