WASHINGTON--The America’s Credit Unions PAC Executive Committee met Wednesday to confirm League nominations for trustees and formally announced its new leadership.
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WASHINGTON--The House Financial Services Committee advanced several bills at the close of its two-day markup this week.
ALEXANDRIA, Va.— Credit union assets continued to climb in 2025, while loan growth remained sluggish and membership declines were concentrated among the smallest institutions, according to new third-quarter state-level data released Wednesday by the National Credit Union Administration.
NOVI, Mich.—The $1.5-million Vibe Credit Union has secured naming rights to one of the region’s largest event venues, Suburban Collection Showplace, which will be rebranded as the Vibe Credit Union Showplace beginning Jan. 1, 2026, Fox2 reported.
NEW YORK—Federal Reserve Governor Stephen Miran said inflation pressures facing the U.S. economy are increasingly distorted by lagging and poorly measured components, arguing that underlying inflation is closer to the Fed’s 2% target than headline data suggest—a view with clear implications for interest-rate policy and financial institutions.
WASHINGTON--The Senate has officially passed the FY2026 National Defense Authorization Act (NDAA) following last week’s approval by the U.S. House of Representatives. The final bill now heads to the President for signature.
PEORIA, Ill.—The $8-billion CEFCU has distributed a $55 million extraordinary dividend to its members, matching last year’s record as the largest such payout in the credit union’s history, the Illinois Credit Union League reported.
FORT WORTH, Texas—A Tarrant County jury has sentenced Leland Earl Williams, 37, to 95 years in prison after he pleaded guilty to aggravated assault against a public servant for shooting a sheriff’s deputy inside a Fort Worth credit union, the Tarrant County District Attorney’s Office announced.
NEW YORK — Federal prosecutors on Wednesday accused the founder of Tricolor Holdings of orchestrating a years-long scheme to defraud the subprime auto lender’s biggest banks and investors out of nearly $1 billion, announcing arrests of two former top executives and guilty pleas by two others, the Associated Press reported.
ALEXANDRIA, Va.— The NCUA board on Thursday approved its final 2026–2027 budgets, trimming millions of dollars from earlier proposals while also confirming that federal credit unions will pay less in operating fees in 2026.