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WASHINGTON—Next week’s CFPB field hearing on payday lending is drawing the attention of NAFCU and CUNA, which will be watching to see if any credit union loans are included in a proposed rule expected to be introduced at the June 2 meeting.

ALEXANDRIA, Va.—NCUA Board Chairman Rick Metsger is initiating a review of the agency’s examination process, beginning with the removal of requirement that all federal credit unions, and all federally insured, state-chartered credit unions with more than $250 million in assets, be examined each calendar year.

WASHINGTON—A new spring rulemaking agenda released by the CFPB could mean additional regulatory burden for CUs, CUNA cautions.

WESTERLY, R.I.–Westerly Community Credit Union recently donated $40,000 to The Chorus of Westerly for a major Chorus of Westerly technology infrastructure project.

WASHINGTON—Average total compensation for CEOs of state chartered credit unions with at least $1 billion in assets in 2014 was $1,017,720, reports Keith Leggett—who also added that one CEO is making nearly $9.3 million.

SAN BERNARDINO, Calif.–The $960-million Arrowhead Credit Union has selected the Omnix Lobby Tracker solution from FMSI, a provider of branch software.

LAWRENCEVILLE, Ga.—April was a good month for used vehicle value retention—but don’t expect the favorable results to continue, Black Book reports.

BROOKFIELD, Wis.—Fiserv has announced the availability of Prologue Financials, a fully updated accounting suite that features enhanced, built-in automation and controls and a newly designed user interface, enabling users to increase the efficiency of financial accounting processes.

MUSKEGO, Wis.—Corporate Central Credit Union is reporting strong financial results for 2015.

MADISON, Wis. — The World Council Young Credit Union People (WYCUP) program will provide a complimentary educational session and networking opportunities designed for participants age 35 and younger at the World Credit Union Conference in Belfast, Northern Ireland, July 17–20, 2016.