DENVER—Western Union plans to launch U.S. Dollar Payment Token (USDPT), its new stablecoin, and an innovative Digital Asset Network designed to “bridge the digital and fiat worlds,” enabling real-world utility for digital assets, the company announced.
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WASHINGTON—Calling for relief from what it describes as “unnecessary regulatory hoops,” the Endangered Small Credit Union Defense (ESCUD) has sent a letter to the NCUA urging the agency to exempt small credit unions (under $500 million) from complex bond insurance renewal requirements.
WASHINGTON—The Federal Reserve Board has finalized updates to its supervisory rating framework for large bank holding companies, refining how regulators assess the overall strength and management of major financial institutions.
MCLEAN, Va.--The average 30-year fixed mortgage rate remained largely unchanged this week at 6.22%, Freddie Mac reported.
WASHINGTON--The Defense Credit Union Council is advancing two major advocacy efforts aimed at promoting regulatory fairness and financial inclusion for credit unions nationwide.
WASHINGTON—Commercial and multifamily mortgage loan originations were 36% higher in the third quarter of 2025 compared to a year earlier, and increased 18% from the second quarter of 2025, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
SAN FRANCISCO—Nancy Pelosi, the trailblazing first woman to serve as Speaker of the House and one of the most influential figures in modern U.S. politics, announced Thursday she will retire from Congress at the end of her current term.
FORT WORTH, Texas—The second annual Bourbon, BBQ & Bands event, hosted by Credit Unions for Kids (CU4Kids) and Cornerstone League at the River Ranch Stockyards here, brought together 300 credit union leaders, partners, and community supporters for a night of live music, southern flavors, and giving back.
WASHINGTON--Credit unions are meeting the housing finance needs of their members and communities, but there are policy changes that could help expand participation. As the Federal Housing Finance Agency (FHFA) seeks input on its proposed strategic plan for fiscal years 2026-2030, America’s Credit Unions outlined several ways FHFA can aid them in this mission in comments filed Wednesday.
WASHINGTON--Elevating all credit union voices – including the voices of small credit unions – is at the forefront for America’s Credit Unions. ACU President/CEO Scott Simpson detailed this commitment Wednesday while addressing a group of small credit union leaders from the Credit Union Women’s Leadership Alliance (CUWLA), an organization founded to help women credit union leaders grow, network, and collaborate on leadership within the movement.