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WASHINGTON—U.S. consumers racked up $21.9 billion in credit card debt during Q3 2016—the seventh-largest third-quarter accumulation in the last 30 years, according to WalletHub’s 2016 Credit Card Debt Study.

TYSONS, Va.—Pentagon FCU President and CEO James Schenck joined fellow leaders of the Greater Washington business community in honoring distinguished laureates at the Washington Business Hall of Fame Gala. Separately, PenFed sponsored a free concert at the Kennedy Center.

EADING, Penn.–Diamond Credit Union was the Tower Sponsor of the Reading Hospital Road Run here.

DES MOINES, Iowa– – In conjunction with Fraud Awareness Week, TMG Fraud Prevention Manager Ashley McAlpine warned credit union personnel not to be fooled by news coverage of distributed denial of service (DDoS) and ransomware attacks.

PASADENA, Calif.–Wescom Resources Group (WRG), provider of software and technology service solutions for credit unions, announced it will host a series of informational webinars in 2017 that highlight credit union innovation.

LITTLE ROCK, Ark.–Infusion, a provider of data-driven direct marketing campaigns, announced  its data-driven marketing campaigns have generated more than $1 billion in loans for client banks and credit unions since the company was founded in 2007.  

TORONTO–Doxim, a  provider of customer engagement software for credit unions, announces the launch of a new Account Opening application.

GLASGOW, Scotland–Two credit unions here have launched the “Wee Glasgow Loan” as an alternative to payday lenders.

ALEXANDRIA, Va.–While just released data for the overall credit union community shows robust growth, it also shows that more than half of all federal credit unions are reporting negative membership growth this year.

ALEXANDRIA, Va.– Credit unions in the Pacific Northwest are leading the country when it comes to lending growth, while one large state in the mid-Atlantic region continues to show all but flat growth.