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WASHINGTON—New anti-money laundering legislation has been introduced in the Senate that aims to strengthen oversight of digital currency activities.

READING, Penn.– Diamond Credit Union held its 13th Annual Charity Golf Tournament at Golden Oaks Golf Club in Fleetwood, Penn.

NEW YORK—As if credit unions needed more proof that competition is fierce in the credit card rewards space, a new report reveals that the big issuers doubled their rewards spending last year.

WESTCHESTER, Ill.– Vibrant Credit Union hosted its official grand opening and ribbon cutting at its 3013 Wolf Road location.

MADISON, Wis.–Madison Investments, which manages over $15 billion in assets, said it has committed additional resources to expanding its credit union service offerings by adding Edward Meier to the Credit Union Investment Management Team.

RICHMOND, Maine–A former employee of a credit union here has been charged with two counts of theft and one of forgery, all of which are felonies.

WASHINGTON–The latest economic numbers are being greeted by economists with mixed reactions.

WASHINGTON—Steve Grooms, president and CEO of 1st Liberty Federal Credit Union of Great Falls, Mont., will testify June 8 on NAFCU's behalf before the Senate Banking Committee regarding the importance of regulatory relief for credit unions and the economic benefits credit unions offer.

HOFFMAN ESTATES, Ill.–At almost the same time a group of financial institutions, including credit unions, has received a $5.2-million settlement in a class action lawsuit against Kmart over a 2014 data breach, the retailer acknowledged that hackers recently breached the credit card processing system of some of its stores again.