WASHINGTON—The U.S. labor market delivered a stronger-than-expected performance in April, with employers adding 115,000 jobs while the unemployment rate held steady at 4.3%, easing fears of a sharper economic slowdown and reinforcing expectations that the Federal Reserve will keep interest rates unchanged for now.
Fresh Today
WASHINGTON--The latest entry in America’s Credit Unions’ Compliance 101 series examines key provisions of the Fair Credit Reporting Act in three parts.
CHICAGO--The credit union voice is at the center of a new ad in a statewide campaign opposing the Illinois Interchange Fee Prohibition Act (IFPA), America's Credit Unions noted.
BANGKOK, Thailand—The Defense Credit Union Council and cohost State Department Federal Credit Union recently concluded a successful Overseas Sub-Council Conference here.
LANSING, Mich.—CASE Credit Union here and Team One CU, based in Saginaw, Mich., have announced a planned merger that would create a combined institution with nearly $1.2 billion in assets serving more than 76,000 members across Michigan and parts of Florida, according to ABC 12.
TROY, Mich.—Competition for consumers’ financial relationships is accelerating—and increasingly shifting toward digital first players—as fintechs gain share across checking, savings and investment accounts, according to new data from JD Power.
CHICAGO— New data from TransUnion show lenders kept pressing growth across key consumer credit products at the start of 2026, with bankcard and unsecured personal loan originations hitting record highs even as delinquencies continued to creep higher in several categories.
CHICAGO--Ahead of oral arguments scheduled next week in the ongoing legal fight over the Illinois Interchange Fee Prohibition Act (IFPA), America’s Credit Unions said it has filed a supplemental brief with the Seventh Circuit Court of Appeals arguing that recent actions by the Office of the Comptroller of the Currency strengthen the case for permanently blocking the law before its July 1 effective date.
Colorado Sends Swipe-Fee Bill To Governor, Setting Up Potential Replay Of Illinois Interchange Fight
DENVER—The Colorado House has approved legislation that would prohibit interchange fees from being charged on the sales-tax portion of card transactions, sending the measure to Gov. Jared Polis and setting up what could become another major legal and operational battle for financial institutions following the ongoing fight over Illinois’ Interchange Fee Prohibition Act.
MCLEAN, Va.--The 30-year fixed-rate mortgage averaged 6.37% this past week, Freddie Mac reported.