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NEW YORK–The former CEO of Municipal Credit Union has been sentenced to more than five years in prison for embezzling more than $10 million from the credit union.

HUNTINGTON BEACH, Calif.–Nuvision Credit Union gave away to veterans more than 11,000 gallons of gas over the recent Memorial Day holiday. It marked the fifth annual gas giveaway on Memorial Day as a tribute to veterans and active military personnel.

ARLINGTON, Va.—A newly updated current expected credit loss (CECL) frequently asked questions (FAQ) document is available on NAFCU's website to assist credit unions as they begin to implement the standard.

WASHINGTON—The House during a pro-forma session has passed a two-week extension of the National Flood Insurance Program.

RADCLIFF, Ky. – Fort Knox FCU won three Diamond Awards from the CUNA Marketing and Business Development Council–two in the complete marketing campaign category and one for digital advertising.

WASHINGTON–Personal income increased $92.8 billion (0.5%) in April according to estimates released by the Bureau of Economic Analysis.

PORTSMOUTH, N.H.  – Jennah Wolak has been promoted from Laconia branch manager to Assistant Vice President-Member Services at Service Credit Union.

WASHINGTON–CUNA has sent a letter to the Federal Communications Commission expressing its “significant concerns” as the agency prepares to vote on a draft declaratory ruling that would give phone service providers the authority to block legal automatic calls, often called robo-calls.

HARRISBURG, Penn.–PSECU served as the host and presenting sponsor of the 23^rdAnnual Coaches V. Cancer of Penn State Golf Tournament, which benefitted the American Cancer Society. 

WASHINGTON—The Federal Communications Commission (FCC) plans to move forward with its vote this week on a declaratory ruling that would allow voice service providers to automatically block suspected robocalls unless a consumer opts out.