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CARLISLE, Penn.–The Committee for Cornerstone FCU Independence, a group of CFCU members that opposes CFCU’s bid to merge, is now asking NCUA to take a more rigorous approach to merger requests, and to take a harder look at its preliminary approval of a merger between Cornerstone and Belco Community Credit Union in Harrisburg, Penn.

WASHINGTON—A draft revised Financial CHOICE Act circulated by House Financial Services Committee Chairman Jeb Hensarling (R-TX) to committee members would repeal the Durbin interchange amendment and implement other reforms of the Dodd-Frank Act that NAFCU has been seeking for credit unions.

EDINBORO, Scotland–Angela Constance, Scotland’s cabinet secretary for communities, social security and equalities, has reiterated her government’s support for credit unions at a cross-party meeting here.