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WASHINGTON—CUNA and the World Council of Credit Unions have written a joint letter supporting the Internal Revenue Service’s proposed rule reducing regulatory burdens related to the Foreign Account Tax Compliance Act (FATCA).

ARLINGTON, Va.—Existing home sales decreased 1.2% in January. Despite this decline, NAFCU Chief Economist and Vice President of Research Curt Long said he expects the market to rebound in the coming months.

TYSONS, Va.– PenFed Credit Union has launched a new digital division it said is “dedicated to highlighting stories of inspiration, resilience and service.”

WASHINGTON–With the American personal savings rate at its lowest level since the U.S. financial crisis in 2008 at just 6% of disposable income, America Saves Week and Military Saves Week will kick off Feb. 25.

WASHINGTON–The CFPB has issued an advance notice of proposed rulemaking (ANPR) related to “Property Assessed Clean Energy (PACE)” financing. The ANPF was mandated by the May 2018 Economic Growth, Regulatory Relief and Consumer Protection Act (EGRRCPA, S. 2155).

WASHINGTON—The Department of Veterans Affairs (VA) has issued a circular outlining new policies for the interim final rule that amended its regulations regarding VA-guaranteed or insured cash-out refinance loans.

TAMPA, Fla.—Trellance has unveiled the agenda for its 28^th annual conference, IMMERSION19. The conference offers an agenda filled with educational and collaborative sessions on data analytics, card portfolio growth, member experience, vendor evaluation services and fraud, the CUSO said.

MADISON, Wis.–The $2.8-billion UW Credit Union has launched what it is calling a refreshed corporate identity, as well as a newtagline, new look and a new direction for the CU established more than 85 years ago by members of the University of Wisconsin community. The new tagline is “Here For Every You.”

WASHINGTON—Proposed changes to the current expected credit loss (CECL) standard are unlikely to be adopted by credit unions, said CUNA, which urged the Financial Accounting Standards Board (FASB) to explore ways relief for credit unions can be achieved.

WASHINGTON—NAFCU President and CEO Dan Berger met with CFPB Director Kathy Kraninger to discuss the Bureau's rulemaking initiatives and share how the Bureau could reduce credit unions' regulatory burden.