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WASHINGTON–Candidates who were backed by credit unions in this week’s primary races and run-offs all either won their races or are headed to a run-off.

TOLEDO, Ohio–Two northern Ohio credit unions have merged. The $120-million Education Plus Credit Union is merging into the $745-million Directions Credit Union.

WASHINGTON—Two recent court decisions at the federal appellate level have shown a willingness to more narrowly define an Automatic Telephone Dialing System (ATDS), noted NAFCU.

ARLINGTON, Va.—The latest jobs report–with 213,000 jobs gained June – revealed strong job growth and improved labor force participation. But NAFCU Chief Economist and Vice President of Research Curt Long noted  that wage growth continues to lag.

ALEXANDRIA, Va.—The average pay of NCUA employees topped $128,000 for 2017, according to data from FederalPay.org.

WASHINGTON—CUNA has written in opposition to a provision in the House version of the National Defense Authorization Act (H.R. 5515) that would exclude credit unions from the current resources furnished to them on military bases.

WASHINGTON—Consumers are beginning to move funds into money market funds and certificates as they chase higher yields, according to new data from CUNA.

WASHINGTON—The U.S. Secret Service is taking a firm stance against privacy coins such as MoneroandZcash. A top official from the agency has reportedly sought help from Congress by asking lawmakers to make additional regulations for these coins to curb their use for illegal activities.

WASHINGTON—Testifying before a House Financial Services subcommittee on the issue of de-risking and its implications on businesses and consumers, United Nations FCU executive John Lewis said there is a need for further guidance on regulators' risk-management expectations and suggested a safe harbor be put in place to ease credit unions' filing compliance burdens with Bank Secrecy Act (BSA) and anti-money laundering (AML) requirements.

WASHINGTON—The Bureau of Consumer Financial Protection has filed a response in court here supporting reconsideration of the agency’s payday rule.