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BOULDER CITY, Nev.–A sixth-grade student and the CEO of CUNA Mutual Group participated in a give-and-take Q&A on everything from the fundamental role of credit unions to ice cream and mimosas.

WASHINGTON—Both NAFCU and CUNA are asking the Federal Reserve for consistent and transparent guidelines as the Fed creates new rules for access to Reserve Bank accounts and services.

WASHINGTON—Lenders continue to stress business process streamlining and consumer-facing technology are two of their top three priorities, reported Fannie Mae.

NEW YORK–Everyday Americans expect inflation to rise much faster than the Federal Reserve and many experts are predicting.

WASHINGTON–New data from the Bureau of Labor Statistics show inflation was up 0.9% in June and up 5.3% year over year, which is likely to raise new debate about when the Fed will move to raise rates. No time soon, says one person.

FORT LAUDERDALE, Fla.–A Florida man has pleaded guilty to using fake identities in a scheme to steal $24 million in a variety of frauds, including against the Paycheck Protection Program (PPP), by using shell companies, according to the U.S. Attorney for the Southern District of Florida.

SANTA FE, N.M.–State Employees Credit Union has named a new president/CEO.

NEW YORK–The nation’s largest bank is reporting some of its largest-ever profits.