WASHINGTON—The Federal Reserve on Friday unveiled plans to overhaul its annual bank stress tests following a lawsuit from Wall Street trade groups challenging how the regulator determines capital levels for large banks.
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PITTSBURGH — Authorities say a payroll fraud scheme that ran through the Greater Pittsburgh Police Federal Credit Union allowed a county employee to steal nearly $50,000 over two years.
SEATTLE--The $1.2-billion Salal Credit Union has named Kevin Skinner president and CEO, effective Jan. 1, 2026, the CU announced.
WASHINGTON—The Defense Credit Union Council urged lawmakers Friday to swiftly advance the Pay Our Military Act of 2025 (S. 876), calling it essential to protecting servicemembers and their families from financial hardship during a government shutdown.
SNELLVILLE, Ga.— The African-American Credit Union Coalition (AACUC) will induct five credit union leaders into its African American Credit Union Hall of Fame next year, AACUC announced.
WASHINGTON—Consumer prices rose less than expected in September, the Bureau of Labor Statistics reported Friday, reinforcing expectations that the Federal Reserve could move forward with another interest rate cut.
ALEXANDRIA, Va.--NCUA has announced a new date for its public hearing on the 2026-2027 staff draft budget. The hearing will now be held on Nov. 5, at 1:00 p.m. ET at its headquarters.
NAPERVILLE, Ill.--Alloya Corporate Federal Credit Union has received the 2025 Auto Finance Excellence Award, presented by Auto Finance News during the 21st Annual Auto Finance Excellence Awards at the Auto Finance Summit 2025 in Las Vegas.
WASHINGTON--The federal government shutdown didn’t stop leagues and credit unions representing four states from engaging with policymakers this week. The Carolinas Credit Union League and CrossState Credit Union Association brought advocates from North Carolina, South Carolina, New Jersey, and Pennsylvania to meet with members of Congress, as well as regulators, America's Credit Unions reported.
WASHINGTON--To relieve credit union regulatory burdens so they can better serve their members and communities, America’s Credit Unions wrote NCUA Chairman Kyle Hauptman Thursday, asking for parity with two recent actions taken by the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC).