MARSHALL, Calif.–A new analysis suggests the nation’s credit unions and banks could be the next target for labor unions looking to organize workers.
Fresh Today
KANSAS CITY, Mo.–Mazuma Credit Union has been named the “Official Mortgage Lender” by Major League Soccer’s Sporting Kansas City.
GOODLETTSVILLE, Tenn.—Dollar General has become the latest to begin providing financial services to its customers, including buy now, pay later (BNPL).
WASHINGTON—Systemic bias in home appraisals exacerbates the homeownership gap, racial wealth gap, and harms long-term U.S. financial security, according to a letter sent by CUNA to the Senate Banking, Housing and Urban Affairs Committee.
WASHINGTON—The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 are now available on the Federal Financial Institutions Examination Council’s HMDA Platform.
LONDON—Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs have cautioned a joint statement.
MADISON, Wis.–Credit unions added 96,000 memberships in January, significantly below the 514,000-gain recorded in January 2021, according to CUNA Mutual’s latest Trends Report.
MONTPELIER, Vt.–The former CEO and two former board members of Vermont State Employees Credit Union are expressing opposition to VSECU’s plan to merge with another CU, and have created a website urging others to help stop the merger.
WASHINGTON–Federal Reserve Chairman Jerome Powell said the central bank supports innovation in digital financial products, but he also cautioned that it’s “easy to see the risks” of certain new technologies, including cryptocurrencies.
ARLINGTON, Va.—New-home sales fell 2.0% in February to 772,000 annualized units, while January saw a downward revision of 13,000 units. Compared to last year, February sales were 6.2% lower.