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BOSTON—The Massachusetts Division of Banks is alleging that a CUSO, myCUmortgage in Beavercreek, Ohio, engaged in unlicensed mortgage lending activity prior to obtaining the appropriate license from the state. myCUmortgage is a wholly owned subsidiary of Wright-Patt Credit Union.

EAST GREENWICH, R.I.–With sponsorship from Rhode Island’s credit unions, the  Lt. Governor’s Entrepreneurship Challenge held its final round of competition Saturday over the weekend at the New England Technical Institute.

NEW HAVEN, Conn.–The Banking Compliance Index (BCI), which measures regulatory burden, nearly doubled from Q1 2018 to Q2 2018–but for an ironic reason.

COLUMBUS, Ohio–Ohio Gov. John Kasich signed legislation to make the state one of the first to recognize the use of blockchain technology to transmit and store electronic records in a broad range of industries, from financial services to supply chain management, real estate and healthcare.

FAIRHOPE, Ala.–CU*SOUTH, a CUSO, announced it closed its conversion calendar for 2018 with a record-setting 13 core conversions.

NEW YORK—The price of Bitcoin last week dipped below $6,000—a sharp decrease from its December 2017 high of around $20,000.

WILLIAMSBURG, Va.–During its 55^th Annual Conference here, the Defense Credit Union Council inducted three people into its Hall of Honor.

KANSAS CITY, Mo.–The NFL’s Kansas City Chiefs have moved their commercial banking business to CommunityAmerica Credit Union.

LAWRENCEVILLE, Ga.—Used vehicle demand remained strong last month, with the latestBlack Book Used Vehicle Retention Index showing a 0.5% increase during July, registering 113.9 and up from 113.3 in June.

WASHINGTON—Total consumer credit growth slowed in June to an increase of 3.1%.