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WYOMING, Minn.–CU Recovery and The Loan Service Center, which said it has been steadily growing over the past eight years, including double-digit growth in the past two, reported it has seen a 23% increase in revenue since acquisition by PSCU in late February 2018.

WASHINGTON—The Department of Labor (DOL) has introduced a proposed rule intended to increase the amount of workers eligible for overtime pay by bumping the annual salary threshold from $23,660 to $35,308.

ERIE, Penn.–Erie FCU is offering a loan assistance program to workers who are on strike against a local employer. The program is being offered to workers of Wabtec Corp., which manufactures brakes.

DENVER–CULedger, the CUSO that is leading a blockchain initiative, has announced a collaboration with IBM to pioneer new blockchain-based services to “help credit unions provide a better experience for members.”