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NEW YORK–Many auto dealers have started 2018 with heavy inventories of unsold vehicles on their lots, with analysts suggesting the situation could put pressure on manufacturers to cut factory output as U.S. auto sales cool, according to a new report.

MILFORD, Conn.—Getting the right employees into the right spots goes a long way toward making the team productive and–not surprisingly–the credit union more effective, says one CEO who is using a tool to do just that.

PEACHTREE CORNERS, Ga.–Alogent, a provider of deposit automation, item processing, enterprise information management, and digital banking solutions, is reporting a 30% year-over-year growth in mobile transactions for its 2018 fiscal year.

MADISON, Wis.—A project has been launched to design interoperable, open-loop, low-cost, real-time payment platforms for a network of credit unions across Asia by the Worldwide Foundation for Credit Unions, the social impact affiliate of the World Council of Credit Unions (WOCCU).

FALLS CHURCH, Va.–Seeking to improve service levels, Healthcare Systems Federal Credit Union said it has turned over management of its 20 ATMs to Dolphin Debit, the full-service ATM management company.

LIVONIA, Mich.–Christian Financial Credit Union said it is partnering with the Just Getting By (JGB) campaign to tell the story of Just Delicious Scones & The Royal Treat Team Room and how its owner, Jennifer Colombo, was able to grow her business with the help of her credit union.

WESTBROOK, Maine–Maine’s credit unions raised $792,200 during 2018 as part of its Campaign for Ending Hunger.

ARLINGTON, Va.–The National Association of State Credit Union Supervisors (NASCUS) said it is encouraged by a congressional hearing on serving cannabis-related businesses, adding Congress needs to act to eliminate federal prohibition.

VANCOUVER, B.C.–The largest banks in British Columbia have been growing at a smaller pace than their smaller, community-based credit union counterparts, according to new data. 

MADISON, Wis. – The National Credit Union Foundation said it is partnering with Members Development Co. on a collaboration aimed at bringing credit unions additional value and resources on consumer financial health.