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SALT LAKE CITY –– Gary L. Leavitt, one of the early technology pioneers and advocates in credit unions, has passed away.

WASHINGTON—The Consumer Financial Protection Bureau has settled with Envios de Valores La Nacional (La Nacional) after saying it had found the company violated the Electronic Fund Transfer Act (EFTA) and the Remittance Transfer Rule, which implements EFTA. 

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) has issued a proposed rule it said is aimed at closing anti-money laundering (AML) regulatory gaps for certain convertible virtual currency (CVC) and digital asset transactions.

YORKTOWN, Va. — Riverside Health System Employees Credit Union has announced plans to merge.  The $8-million RHSECU said it will merge with the $800-million 1^st Advantage FCU in Yorktown, Va.

OLYMPIA, Wash.–Registration is now open for Volunteer Leadership Institute-Hawaii 2021. For the first time, the popular meeting is being conducted virtually; it had been scheduled for Maui in January.

WASHINGTON—NAFCU joined with a group of organizations that met with newly-confirmed Federal Communications Commission (FCC) Commissioner Nathan Simington and representatives from the agency's Consumer and Government Affairs Bureau to offer recommendations on exemptions under the Telephone Consumer Protection Act (TCPA).

WASHINGTON—The Federal Reserve Board has issued a final rule on reserve requirement ratios on transaction accounts.

LATHRUP VILLAGE, Mich.—One credit union that never closed its lobbies during the pandemic says it will not require staff to get the COVID-19 vaccine.

SPOKANE, Wash.–In response to unprecedented need, STCU significantly increased its year-end giving, surprising more than 20 community organizations with checks ranging from $10,000 to $32,000 to assist with their work of providing basic needs and helping keep youth connected.

WESTBURY, N.Y.–Jovia Financial Credit Union has become the lead sponsor/partner of We Connect The Dots, a Westbury, N.Y.-based non-profit that offers at-risk youth the opportunity to engage in experiential learning programs for Science, Technology, Engineering, Arts and Math (STEAM).