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WASHINGTON--The House of Representatives has released the official text for the Servicemember Quality of Life Improvement and National Defense Authorization Act (NDAA) for Fiscal Year 2025 and the legislation does not include the Durbin-Marshall Credit Card Competition Act (CCCA), or any related study proposals that could give rise to similar regulations, the Defense Credit Union Council (DCUC) reported.

WASHINGTON—NCUA Chairman Todd Harper Friday stressed that financial executives should focus on the long-term benefits of their organizations and not their personal, short-term needs, and touched on the CU systems’ concentration of assets in a few large institutions.

WASHINGTON— After finalizing a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps, the Consumer Financial Protection Bureau has published a new order establishing supervisory authority over Google Payment Corp.

DES MOINES, Iowa--Nearly 10,000 members of MEMBERS1st Community Credit Union will receive between $5-$500 in December, as their portion of a bonus dividend distribution taking place December 15.

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is now accepting nominations for membership to the Bank Secrecy Act Advisory Group (BSAAG).

WASHINGTON — The Consumer Financial Protection Bureau (CFPB) has launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse, the CFPB announced.

ST. PETERSBURG, Fla.— Velera has announced the theme and keynote speakers for the VeleraLIVE 2025 annual conference, which will be held April 14-16 in Denver at the Gaylord Rockies Resort & Convention Center.

LEWISTON, Idaho—A Clarkston woman has been sentenced to probation and withheld judgment after taking more than $63,000 from Idaho Central Credit Union.

FORT WORTH, Texas—A federal judge here has rejected a request by the CFPB to lift an order that has blocked its new regulation capping credit card late fees at $8, Reuters reported.

MERRILLVILLE, Ind.— Nicole Smith has been selected to lead $200-million U S Federal Credit Union here, the CU announced.