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WASHINGTON–While S 2155 has been hailed as a victory for credit unions by the trade groups, what about the bigger picture? How will the competitive landscape change as a result of legislation that also includes numerous breaks for the nation’s banks?

NEW YORK—Credit card “side perks” are disappearing.

WASHINGTON—A slight downgrade in the Commerce Department's second estimate for first quarter economic growth was due to "lowered estimates for inventory investment and net exports led to the softer reading for overall growth.”

WASHINGTON–After years of efforts by credit unions and their trade groups, the House has voted 258-149 to pass S. 2155, the reg relief bill formally known as the Economic Growth, Regulatory Relief and Consumer Protection Act.

WASHINGTON—The Federal Reserve Beige Book shows that all 12 Fed districts saw economic activity expand at least moderately in April and early May; Dallas was the exception as economic activity sped up to a solid pace.

I once received an escalation call from a member whose card had been declined for fraud prevention while checking into a Paris hotel.

WASHINGTON—The delinquency rate on credit card loan balances at the 4,788 small commercial banks in the United States spiked during Q1 to 5.9%, according to the Federal Reserve Board of Governors.

WASHINGTON–CUNA has moved its offices here.

MUSKEGO, Wis.–One organization says if a credit union finds itself with extra budget money this year, it should invest in digital banking, as the service is quickly impacting consumers’ decisions around who is their primary financial institution.

MOUNTAIN VIEW Calif.—People can now send money to each other via Gmail. The Gmail app for iOS now allows users to send or request money from other people when drafting an email.