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WASHINGTON–The Independent Community Bankers of America has issued a statement that it is generally supportive of the tax reform legislation that has come out of the House Ways & Means Committee, but also noted it has “serious concerns” that the proposal does not change the tax exemption of credit unions.

PEACHTREE CORNERS, Ga.–Alogent announced that Jwaala LLC has been added to its digital banking technology portfolio.

MAPLE GROVE, Minn.–Building Trades FCU here has become the newest owner of the CUSO CU*Answers.

SPRINGFIELD, Ill.—In what may be an indication that a number of states may move to help consumers address the recent Equifax data breach, Illinois lawmakers are working to end the $10 fee for freezing consumer credit data.

WASHINGTON—The House, by a vote of 237-189, passed a bill that would renew the National Flood Insurance Program (NFIP) for five years. The program faces a Dec. 8 deadline for renewal.

WASHINGTON—NAFCU President and CEO Dan Berger asked NCUA to support an overhead transfer rate (OTR) methodology that is based on fairness and accuracy in a letter sent before today’s open meeting where the agency board is expected to adopt a new methodology.

ALEXANDRIA, Va.—NCUA is expected to adopt its overhead transfer rate (OTR) methodology and vote on its 2018 and 2019 budgets at today’s open board meeting which begins at 10 ET.

PALM DESERT, Calif.–In a world of overwhelming communication, credit unions need to quit selling rate and stop comparing themselves to banks. Instead, they will succeed only if their brand gives people something to believe in, according to one person.

LIBERTY LAKE, Wash.—CU*NorthWest announced that it recently migrated its core production and high availability environment to the latest POWER8 server technology.

IRVINE, Calif.—As of August 2017, the 0.6% foreclosure inventory rate, which measures the share of mortgages in some stage of the foreclosure process, was at its lowest point for any month of August since 2006, when it was 0.5%, according to CoreLogic.