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BURBANK, Calif.—Two California credit unions serving the entertainment industry have announced plans to merge.

HONOLULU—NAFCU announced the newly elected and continuing members of its 2017 – 2018 board of directors during its Annual Business Meeting here, held in conjunction with the association's 50th Annual Conference and Solutions Expo.

WASHINGTON–A Financial Accounting Standards Board meeting here included a focus on possible issues that may arise when organizations implement the "current expected credit loss" accounting standard and discussed acceptable methods for determining the estimated life of a credit card receivable, according to NAFCU, which was in attendance as the FASB meeting.

WASHINGTON—Secretary of Labor Alexander Acosta told lawmakers this week that his department's fiduciary rule will take effect Friday, as planned, with full implementation on Jan. 1, 2018.

ARLINGTON, Va.–Credit unions reported being alerted to potential breaches in members’ financial data an average of 189 times in 2016 – an increase over 2015 alerts for most respondents, according to the latest NAFCU Economic Monitor.

MADISON, Wis.—CUES said it is introducing a new take on its CEO/Executive Team Network in 2017, with an all new format designed to drive attendee interaction, deliver the highest quality speakers, and make the conference more convenient.

HONOLULU—NAFCU Services has named its 2017 Innovation Award winners.

AUGUSTA, Maine–With backing from this state’s credit unions and the Maine league’s legislative team, the Maine legislature has voted overwhelmingly in favor of overriding the Governor's veto of L.D. 1055, An Act to Update the State Credit Union Charter.

HONOLULU—Citing credit unions’ commitment to improving members’ financial lives, and the growth they have achieved in memberships, assets and loans since the Great Recession, NAFCU President and CEO Dan Berger outlined what he sees as a strong period of growth for CUs in the coming years.

HONOLULU—NCUA is undertaking a “deep dive” into every NCUA regulation, seeking to improve, streamline and create more efficiencies within NCUA rules, the agency’s acting chairman, J. Mark McWatters, told NAFCU’s 50th Annual Conference here.