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PASADENA, Calif.–Using investments from 20 credit unions, a CUSO here has purchased Wescom Central Credit Union’s office building in a sale/lease-back deal.

ARLINGTON, Va.—Total retail sales rose by 0.5% in March, following an increase of 0.8% in February and an increase of 5.1% in January.

WASHINGTON— Two reforms to the Anti-Money Laundering Act that have been requested by whistleblower advocates are included in a bill recently introduced by Rep. Alma Adams (D-NC).

HOUSTON—Steve Branstetter, CEO of the $505-million People’s Trust FCU, has passed away.

ALEXANDRIA, Va.—Thursday’s NCUA board agenda is a light one, with two briefings scheduled.

RANCHO CUCAMONGA, Calif. –The “big news” to be found in the economic and consumer spending data in March is thatconsumer spending is returning to historically typical behavior patterns and showing robust increases across every major category, according to the newest analysis released by Co-op Solutions.

PHILADELPHIA–Many Americans are using alternative financing arrangements, such as rent-to-own, that a new report from Pew Charitable Trusts indicates are generally riskier, more costly, and subject to far weaker consumer protections and regulatory oversight than traditional mortgages.

DENVER–A divided panel of the U.S. Court of Appeals for the 10^th Circuit has ruled that one national bank’s extended overdraft fee is not “interest” under the National Bank Act (NBA).

BROOKFIELD, Wis.–Fiserv said it is partnering with MX, a financial data platform and connectivity provider, to accelerate the “future of open finance through secure, reliable consumer financial data sharing.