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GAINESVILLE, Fla.–A new Back-to-School study released by CardRates.com has found 87% of Americans say they plan to pay off their back-to-school purchases made with a credit card (or cash) before the end of the year, with 37% paying off credit cards within one to two months and 9% doing so within three-six months.

ARLINGTON, Va.—As CUToday.info reported earlier, Commerce Department data show the 4.1% growth in Q2 was the fastest in four years. And that has credit unions wondering how much longer the good times can last.

HANSCOMB AFB, Mass.--Hanscom Federal Credit Union announced that Carol Perron has joined the credit union as a Vice President of Branch Administration, overseeing the Call Center, Member Relations Center, and the Littleton, Devens, Bedford, Beverly, Billerica, McLean (Va.), Burlington, and MITRE Bedford branches.

DETROIT–Seven Michigan credit unions are forming a bank. The Michigan Department of Insurance and Financial Services has accepted the application from the credit unions, and now has 100 days to approve the new charter.

ALEXANDRIA, Va.—NCUA Chairman J. Mark McWatters, in a letter to Reps. Bill Posey (R-FL) and Denny Heck (D-WA), said the NCUA plans to consider a rule Thursday that would delay the agency's risk-based capital (RBC) rule by one year.