RALEIGH, N.C.—Four men have been indicted on federal charges of bank fraud and conspiracy in connection with a scheme that exploited a security gap at State Employees Credit Union, based in Raleigh, N.C., and netted nearly $500,000, the U.S. attorney’s office reported.
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NEW YORK—Traditional credit cards are losing ground in the competition for consumer spending power, a new report indicates.
WASHINGTON—Stephen Miran, a senior White House economic adviser, cleared a key hurdle Wednesday in his bid to join the Federal Reserve Board of Governors, advancing President Donald Trump’s push to wield greater influence over interest rate policy and the central bank’s direction, Reuters reported.
WASHINGTON— Mortgage applications increased 9.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sept. 5.
MADISON, Wis.—Wednesday, TruStage, previously known as CUNA Mutual Group, commemorated its 90th Anniversary, celebrating nearly a century of “unwavering commitment to the credit union industry and the members we serve,” the organization said.
WASHINGTON—Peter Rice told the Senate Banking Committee Wednesday that deposit insurance reform is “bigger than banking. This is about paychecks, communities, and the strength of our nation. Our fellow Americans are counting on us.”
WASHINGTON—A federal judge has issued a temporary restraining order halting President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook, NBC News reported.
RICHMOND, Va.--Credit union supporter James Walkinshaw (D) was elected to represent Virginia’s 11th Congressional District in Tuesday’s special election, America's Credit Unions reported.
WASHINGTON—America’s Credit Unions pressed the NCUA Tuesday to ensure its future priorities support credit unions’ ability to innovate.
WASHINGTON—Day Two of America’s Credit Unions’ 2025 Congressional Caucus brought credit union leaders face-to-face with some of their most influential allies on Capitol Hill, as lawmakers addressed top industry concerns and pledged continued support.