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WASHINGTON—Both credit union trade groups are stepping up pressure on a congressional conference committee to pass the FY 2020 National Defense Authorization Act (NDAA) without language that would give banks access to military bases. 

WASHINGTON–The House is expected to take action this week on credit union-supported legislation that would, among other things, allow financial institutions to serve cannabis businesses in states where it has been approved without fear of federal prosecution.

LAKE FOREST, Ill.—Following a new study that revealed many banks and credit unions are sharing inconsistent and often inaccurate information on their fees via their websites and call centers, a new report has now found overdraft information is not shared at all by many FIs in their digital media.

ST. LOUIS–One member of the Federal Open Markets Committee says he believes the Fed erred last week and should have cut rates further.

TACOMA, Wash.–CU Strategic Planning, which is the number-one writer of $1-million CDFI Financial Assistance Awards, is congratulating the winners of $125,000 Technical Assistance Awards just announced by the CDFI Fund.

ARLINGTON, Va.—While there was "sagging" home sales through the early part of this year, NAFCU Chief Economist and Vice President of Research Curt Long said, "the housing market has recovered nicely," as existing-home sales grew 1.3% (seasonally adjusted) in August to 5.49 million units.

SACRAMENTO, Calif.–California’s Department of Business Oversight is warning consumers of a bogus website that mimics that of a legitimate credit union.

SCOTTSDALE, Ariz.–One analyst is challenging reports that the fintech Chime has surpassed five-million FDIC-insured accounts in just five years, with nearly all of them coming from its mobile app.

WASHINGTON–It isn’t just credit unions lobbying Congress this week on legislation now in conference committee that will decide whether banks gain access to military bases.

WESTBROOK, Maine–Two credit unions more than 1,200 miles apart that announced in August they were planning to merge have now called off plans to do so.