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MADISON, Wis.–Forty-two credit union leaders have been certified as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s Credit Union Development Education (DE) Training.

EDWARDSVILLE, Ill.—One credit union is contending more can be earned in debit interchange if member incentives are tied to total monthly spend rather than total monthly swipes.

WASHINGTON—The Department of Justice announced that General Electric (GE) will pay a civil penalty of $1.5 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) to resolve claims involving subprime residential mortgage loans originated by WMC Mortgage (WMC), a GE subsidiary.