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BAY CITY, Mich.—Credit Union Plus here has a new name: Great Lakes Federal Credit Union.

ROCHESTER, N.Y.—Several credit unions in this area will be teeing up support for the Symetra Tour's Danielle Downey Credit Union Classic this week.

NEW YORK–The new rules enacted by the CFPB may not explicitly outlaw arbitration, but industry lawyers told The New York Times that they will effectively “kill the practice.”

WASHINGTON–A credit union CEO will tell Congress today that a “tidal wave” of regulations is swamping credit union boats, while large financial institutions just continue to get larger.

WASHINGTON—House Ways and Means Committee Chairman Kevin Brady (R-TX) and Senate Banking Committee member Thom Tillis (R-N.C.) are slated to speak to credit union attendees during NAFCU's Congressional Caucus, Sept. 10-13, in Washington.

LA CROSSE, Wis.—In a move not only to preserve local history but extend its space, Marine Credit Union plans to expand its headquarters operations to the former La Crosse Plow Factory here.

WASHINGTON—The Federal Reserve’s 100 basis points in rate hikes since December 2015 will cost credit card users an extra $6 billion in interest charges this year, notes WalletHub, which pointed out that on the deposit side, bank account APYs have barely budged over the same period.

WASHINGTON—The Federal Trade Commission has charged a debt collection operation with taking people’s money for fake debts they did not owe by posing as lawyers and falsely threatening to sue or have them arrested if they did not pay.

LAWRENCEVILLE, Ga.—A new report shows that at mid-year, vehicle depreciation is showing pockets of strength, and—not surprisingly—trucks are the strongest segment.

NEW YORK–Tens of thousands of people who took out private loans to finance college but who are delinquent on payments could have their debts eliminated because critical paperwork is missing.