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As lawmakers gather this week to examine the impact of minor league baseball on small businesses and local communities, a familiar—but flawed—narrative continues to surface: the idea that credit unions have somehow strayed from their mission by engaging in stadium sponsorships, sports partnerships, and marketing campaigns that proudly place their names in the public eye.

WASHINGTON—Michelle Bowman, the Federal Reserve's newly appointed vice chair for supervision, recently detailed plans to reduce regulatory burdens on banks, including possible revisions to capital requirements and oversight of bank mergers.

MINNEAPOLIS, Minn.—Credit union leaders, community partners, and local supporters recently gathered at Broken Clock Cooperative Brewing in Minneapolis to raise a glass to a century of people helping people—and to celebrate the launch of High Yield Pale Ale, a limited-edition craft beer created in partnership between the Minnesota Credit Union Network and Broken Clock, MnCUN reported.

ALEXANDRIA, Va.—NCUA’s next open board meeting will take place July 24 at 10 E.T., the agency announced.