GRAND BLANC, Mich.—Are NCUA’s staff reductions slowing deals involving credit unions buying banks?
Fresh Today
WICHITA, Kans.—Members of the $2.1-billion Meritrust Credit Union here have voted in favor of merging with $1.8-billion Premier Members CU, based in Broomfield, Colo., WIBW reported.
WASHINGTON--Mortgage applications decreased 3.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 25, 2025.
NEW YORK—In just three days, $17 million was drained from ATMs across the city in a rapidly spreading scam linked to a youth employment program, The New York Times reported, citing two law enforcement officials briefed on the case.
LANSING—Michigan Attorney General Dana Nessel has joined a bipartisan coalition of attorneys general urging Congress to pass the SAFER Banking Act of 2025.
MIAMI—With the number of delinquent credit card accounts rising by as much as 29% in certain cities over the past year, WalletHub has released an updated report on the Cities Where Credit Card Delinquency Is Increasing the Most.
WASHINGTON--Job growth slowed significantly in July, according to the Bureau of Labor Statistics, with the economy adding only 73,000 positions—well below the 104,000 projected by economists. The unemployment rate rose slightly to 4.2%, in line with expectations.
WASHINGTON--The President’s Working Group on Digital Asset Markets released its report this week with several recommendations on the regulation of digital assets.
PALM DESERT, Calif.—Despite mounting pressure from bank lobbyists and renewed threats to the credit union tax exemption, Washington credit union advocate John McKechnie told attendees at the Defense Credit Union Council’s Annual Conference that he sleeps just fine at night.
PALM DESERT, Calif.— With identity theft losses now exceeding $1 billion each month, credit unions have an opportunity to combat this rising threat, deliver meaningful protection to members, and strengthen their bottom line at the same time.