Fresh Today

WASHINGTON–New data show that home prices nationally have gone up about 30% since the beginning of the pandemic, according to a new report from the National Association of Realtors that it said represents a first-of-its-kind analysis.

HARRISBURG, Penn.–Credit unions in two more states have announced plans to put merger votes before their respective members.

SACRAMENTO, Calif.—A California federal court has upheld the Office of the Comptroller of the Currency’s (OCC) 2020 rule clarifying that the interest rate on a loan made by a bank will still be valid after it’s sold to a nonbank, also referred to as the “valid-when-made” rule.

WASHINGTON—The credit union difference means “billions in savings for members, hundreds of billions in economic impact, and hundreds of thousands of jobs supported just last year,” CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices.

WASHINGTON—Congress can promote financial inclusion and help small businesses by ensuring federal law permits all federal credit unions to serve underserved areas, CUNA wrote to the Senate Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection.

SNELLVILLE, Ga.–The African America Credit Union Coalition will host the first webinar in its 2022 Commitment to Change Conversation Series on Feb. 18 at 1 p.m. ET.

PORTLAND, Ore. –Three more credit unions have been designated as community development financial institutions (CDFIs).

MOSCOW—KoronaPay has banned all crypto-related transactions including cryptocurrency trading, as the largest money transfer service across Europe reacts to the Central Bank of Russia’s position on crypto and its risks of financial losses and fraud.

ZURICH, Switzerland—Swiss federal prosecutors are seeking $45 million in penalties from Credit Suisse for its involvement in what they have described as “serious anti-money laundering breaches.”