WASHINGTON--Credit union loans outstanding increased 0.23% in November, compared to a 0.24% increase in October, and a 0.13% increase in November 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
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WASHINGTON — New data from credit card issuers accounting for roughly 75% of the market shows that a proposed 10% federal credit card interest rate cap would significantly reduce access to credit for millions of consumers nationwide, and even those with good credit scores who pay their bills on time will be affected by the rate cap.
OKLAHOMA CITY, Okla.--InvestiFi, a leading provider of digital investment solutions for financial institutions, has secured a contract with $1.5-billion Truity Credit Union to integrate its suite of digital investing and wealth management tools into Truity’s online and mobile banking platform, the company reported.
HOUSTON – Dolphin Debit has been named an Endorsed Vendor by the WBA Professional Services subsidiary of the Washington Bankers Association, increasing the visibility of Dolphin’s full-service ATM management solutions to financial institutions in the Northwest, the organization announced.
NEWBURGH, Ind. — Heritage Federal Credit Union has agreed to pay $635,000 to settle a class action lawsuit alleging it improperly assessed certain overdraft fees on member debit card accounts, according to reporting by ClassAction.org.
COSTA MESA, Calif.--Auto debt pressures are intensifying for U.S. car buyers, with new data from Edmunds showing a growing share of borrowers rolling negative equity into new-vehicle purchases—a trend with clear implications for lenders’ risk exposure and loan structures.
LUBBOCK, Texas —ALLIANCE CU here and San Antonio-based United Texas Credit Union have completed their merger, effective Jan. 1, Everything Lubbock reported.
MADISON, Wis.—Nominations are open for World Council of Credit Unions’ 2026 Digital Growth Award, which will recognize one or more member credit union associations or individual member credit unions for successfully working toward expanding digital transformation across the globe.
America’s Credit Unions and all state credit union leagues and associations are urging lawmakers to reject the Credit Card Competition Act, warning that the proposal would harm consumers, weaken data security, and reduce access to affordable credit.
NORTH LITTLE ROCK, Ark.--NCUA Friday placed $3.3-million People Trust Community Federal Credit Union here into conservatorship, the agency announced.