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WASHINGTON—The Senate Banking Committee has approved the nominations of Richard Clarida and Michelle Bowman to serve on the Federal Reserve Board.

LOWELL, Mass.– Jeanne D’Arc Credit Union awarded $17,000 in college scholarships to its members through its MoneyStrong College Scholarship Program and Employee Scholarship Program.

ROCKY HILL, Conn.–Nutmeg State Financial Credit Union has acquired technology and professional services provider DaLand Solutions.

SEATTLE–If your CU is still doing “product of the month” marketing, it’s time to “kill it,” according to one person here who offered a blueprint for making the marketing spend far more effective. 

CHESTERFIELD, Mo.—A new report shows that 42% of consumers estimate their vehicle service contracts and ancillary protection plans have saved them an average of $1,000-$2,000 on repairs or parts replacements.

ATLANTA–Consumers are increasingly ranking security ahead of ease of use and speed when it comes to how they perceive online account openings, according to a new study.

LAWRENCEVILLE, Ga.—The latest report from Black Book shows used vehicles continue to hold their values well this spring.

MADISON, Wis.–Nominations are now open for the highest honors presented by credit unions in the U.S., the Herb Wegner Memorial Awards presented by the National Credit Union Foundation.

WASHINGTON—CUNA has sent three letters to Congress in support of three bills that would clarify the ability of financial institutions to serve cannabis-based businesses in states where it is legal.

WASHINGTON—Credit union membership growth continued throughout the first quarter but loan and share growth moderated somewhat, according to NAFCU’s latest CU Industry Trends report.