ST. PAUL. Minn.--Patrick Pierce, longtime president and CEO of $1.2-billion City & County Credit Union here, will retire in April 2026 after 24 years at the helm. Pierce also currently serves as chair of America’s Credit Unions’ board of directors.
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WASHINGTON—Rep. Maxine Waters (D-CA), the ranking member of the House Financial Services Committee, has sent a letter to Acting CFPB Director Russell Vought, voicing concern over reports that he may use the government shutdown as an opportunity to furlough Bureau employees.
CHICAGO—Credit unions may need to brace for higher stress on credit card and personal loan portfolios as millions of federal student loan borrowers, facing the return of repayment and potential involuntary collections, indicate they will prioritize other debts ahead of these CU products, according to new TransUnion data.
ALEXANDRIA, Va.— NCUA Chairman Kyle Hauptman on Wednesday issued a statement on the agency’s No Regulation-by-Enforcement Policy, stressing the importance of putting a clear fairness policy in writing.
WASHINGTON — The Supreme Court on Wednesday left Federal Reserve Governor Lisa Cook in place for the time being, declining to act on the Trump administration’s bid to remove her immediately, the Associated Press Reported.
ST. PETERSBURG, Fla.— Velera is celebrating 50 years of the Shared Branch network, a system that has transformed access to financial services for credit union members nationwide.
WASHINGTON--The Defense Credit Union Council has submitted a letter to NCUA as part of its voluntary review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA).
TAMPA--Rise Analytics, a member of the Trellance family of brands, has unveiled a new solution specifically geared towards credit unions that are just starting their data journey: Essential Analytics.
WASHINGTON--Mortgage applications decreased 12.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sept. 26.
WASHINGTON--Oral arguments are suspended in the lawsuit filed by dismissed NCUA board members Todd Harper and Tanya Otsuka, America's Credit Unions reported.