LAGUNA BEACH, Calif. — Federal Reserve Vice Chair for Supervision Michelle Bowman said the central bank is pressing ahead with a broad overhaul of bank supervision and regulation aimed at refocusing examiners on core financial risks, easing unnecessary burden—especially for community banks—and improving transparency after lessons from recent bank failures.
WASHINGTON — House Financial Services Committee Chairman French Hill (R-AK) and Financial Institutions Subcommittee Chairman Andy Barr (R-KY) on Tuesday released a new community banking legislative package aimed at boosting local bank formation and expanding access to capital on Main Street.
DECATUR, Ill.- Decatur Earthmover Credit Union has selected Beth Puckett to serve as its next CEO, the organization announced.
MOUNT VERNON, Ohio —The $224-million CES Credit Union here has named Mike Copley president and chief executive officer, the organization announced.
ROCHESTER, N.Y. — ESL Federal Credit Union here has completed its acquisition of substantially all assets of Generations Bancorp NY Inc., the holding company for Seneca Falls–based Generations Bank, according to the Central New York Business Journal.
SAN LUIS OBISPO, Calif. — A pickup truck recently crashed through a fence and into the outdoor patio of SESLOC Credit Union here, police said.
WASHINGTON—Mortgage rates that have stayed elevated since the pandemic are reshaping the housing market, making all-cash purchases increasingly appealing to buyers able to sidestep financing altogether.
WASHINGTON— Mortgage applications decreased 9.7% from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 2, 2026.
WASHINGTON--Federal Reserve Governor Stephen Miran said the central bank is keeping monetary policy too tight and should pursue steeper interest-rate cuts this year as underlying inflation pressures ease, according to FOX Business.
MADISON, Wis.--The National Credit Union Foundation, the charitable arm of the U.S. credit union movement, has named its new 2026 board with the re-election of five board members and election of new member Steven Bugg, president/CEO of Great Lakes Credit Union, America's Credit Unions reported.
