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WASHINGTON–Treasury Secretary Steven Mnuchin told the Senate Banking Committee last week that he would contact the Small Business Administration on the same day he was testifying over how it might streamline the forgiveness process for Paycheck Protection program loans.

MARGATE, Fla.–We Florida Financial Credit Union has named a new president and CEO.

GREENBELT, Md.–Educational Systems FCU reported it has given $71,000 this year to help students and educators continue their education.

SAN DIEGO–Debra Schwartz, CEO of Mission FCU and chair of Junior Achievement of San Diego, has presented a check for $1,675 to Sidd Vivek, president and CEO of Junior Achievement as part of the “JA Way to Save” Program from the school year most recently ended.

ST. PETERSBURG, Fla.—Retail spending was behind this past week’s strong performance in both debit and credit purchase volume, said PSCU.

GARDEN CITY, N.Y.–Members of Sperry Associates FCU have approved a merger into Pentagon FCU that includes payments to the members and a multi-year deal for the current CEO.

ARLINGTON, Va.—The September jobs report is being called “troubling,” and job growth fell below expectations and thousands of workers left the workforce, said NAFCU Chief Economist and Vice President of Research Curt Long.

WASHINGTON–The surge in member savings that has helped to drive down the overall credit union industry capital ratio cooled off in August. Loan volume also slowed.

ARLINGTON, Va.—Total vehicle sales continued to recover in September, rising from August's 15.2 million annualized units to 16.3 million during the month. NAFCU Chief Economist and Vice President of Research Curt Long noted that vehicle sales are “just 4% below year-ago levels.”