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TROY, Mich.—The overall financial health of retail bank customers in the United States declined in May following two consecutive months of improvement as they confront an uncertain economy and persistently high cost of goods, a new report reveals.

HARTFORD, Conn.--In a significant legislative win for Connecticut’s credit unions, Gov. Ned Lamont signed Public Act 25-37 into law, modernizing the state’s credit union statute and bringing greater alignment with federal standards, America's Credit Unions reported.

WASHINGTON--The Treasury’s efforts to modernize federal payment systems, reduce fraud, and promote financial inclusion received support from America’s Credit Unions in comments filed Monday. 

WASHINGTON— The Financial Technology Association (FTA) has filed a motion for summary judgment in federal court, urging the court to uphold a final rule on consumer financial data rights—a regulation the CFPB declined to enforce under the Trump administration.

WILLIAMSPORT, Pa.—A Detroit man who scammed banks and credit unions in northern Pennsylvania out of more than $200,000 by using counterfeit checks has been sentenced to 4.5 years in prison, PennLive reported.

LAWRENCEVILLE, Ga.—Will the trend of increasing used car values continue all summer?