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NEW YORK—Are consumers the winners in the ongoing credit card rewards battle?

WASHINGTON—The Financial Accounting Standards Board (FASB) is requesting feedback by Sept. 19 on its proposed update to the current expected credit loss (CECL) effective date for non-public business entities, including credit unions.

AUSTIN, Texas–There are now just two weeks left to register for the CUTomorrow Conference, the inexpensive, one-of-a-kind event that features the very best of the peer-group leading credit unions that have been highlighted in CUToday.info sharing proven strategies in lending, new member onboarding, employee onboarding, cost-control, walletshare growth and much more.

ENGLEWOOD, Colo.—Western Union announced it has partnered with Albertsons to enable consumer access to international and domestic money transfer and money order services, as well as bill payment services at Albertsons’ locations.

Founded in1947 by eight employees of an auto parts maker, Diamond Credit Union now serves more than 60,000 members in Berks, Montgomery and Chester counties in Pennsylvania through five branches and a full-service call center. 

LANSING, Mich. — Three women who see education as the direct path to a new career have been selected winners of the 2018 LAFCU Women Helping Educate Every Lady, or W.H.E.E.L., Scholarship Essay Contest.

RADCLIFF, Ky. – At the midway point of its “Take a Summer Break” loan offer, Fort Knox FCU is reporting that members throughout Central Kentucky have been given the option to skip more than $1 million in loan payments after moving their auto or RV loans to the credit union. That’s 80,000 payment-free days for the families who have taken advantage of the offer so far, the credit union noted.

MIAMI–Citing lower costs and fewer hassles, Dade County FCU said it is outsourcing its new ATMs to Dolphin Debit.

PURCHASE, N.Y.—Taxi medallion lender Quorum FCU posted a profit for the second quarter of 2018.

WASHINGTON–The Bureau of Consumer Financial Protection, working in collaboration with 11 financial regulators and related organizations, has announced an initiative to create the Global Financial Innovation Network (GFIN).