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Also at the House Subcommittee hearing, Rep. Luetkemeyer says the CECL standard will "hit minority institutions hard."

The new core aims to bolster community financial institutions by lowering the cost of their technology, security and regulatory needs.

The NWCUA also honors 10 credit unions and four individuals at its Summit Awards.

CU leaders react to the ICBA's efforts that include legislative and regulatory research, grassroots advocacy and resources that community banks can customize.

The company plans to offer the service, called Payment on Delivery, in industries with complex distribution networks and supply chains.

Police investigators say Brittany Ann Carney allegedly stole funds from deceased members.