IFPA

An Illinois court has ruled that the Illinois Interest Act's preemption applies to federal credit unions, extending earlier preemption reasoning under the IFPA to those institutions. The decision clarifies that state law limits on interest and fees do not apply to federally chartered credit unions operating in Illinois, a point of significance for lenders and consumer finance compliance in the state.

Avocados From Peru is preparing a national sports and retail marketing campaign, which it will present at the IFPA Global Produce & Floral Show. The initiative aims to boost Peruvian avocado visibility among US consumers through sports partnerships and retail promotions. Details of the campaign's scope, partners and budget have not yet been disclosed.