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WASHINGTON—Regulations governing how businesses can interact with consumers, especially related to telephones, are not keeping up with technology, leaving both consumers and businesses at risk, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices.

LAS VEGAS–Whitefish Credit Union won the Best of Show Award – the highest honor in the CUNA Marketing & Business Development Council’s Diamond Awards competition – during the Council’s 26^th annual conference here.

BASEL, Switzerland—The World Council said it led an effort to persuade the Basel Committee on Banking Supervision to endorse proportionality, which allows national and regional financial regulators to prescribe compliance standards for credit unions that are less burdensome than those required by Basel III and other international financial regulatory standards.

MANCHESTER, N.H.–Bellwether Community Credit Union has named a successor to retiring CEO Michael L’Ecuyer. The credit union has selected Nathan Saller, a 22-year employee of Bellwether Community, to lead the organization.

WASHINGTON—The Financial Accounting Standards Board (FASB) is set to discuss feedback from the January roundtable on its current expected credit loss (CECL) standard at a board meeting scheduled for 9 a.m. Wednesday.

ALEXANDRIA, Va.–NCUA has issued prohibition notices against two people, prohibiting them  from participating in the affairs of any federally insured financial institution.

NEW YORK—At least one Fed president is urging caution before overreacting to data indicating the economy is slowing.

WASHINGTON–Several federal banking agencies have proposed a rule to limit the interconnectedness of large banking organizations and reduce the impact from failure of the largest banking organizations.

WASHINGTON—The U.S. economy grew 2.2% in Q4 2018, down from the previous estimate of 2.6%, according to revised figures from the Commerce Department.

WASHINGTON–Mortgage rates have been declining again, with some lenders–including one credit union–now advertising rates below 4%.