LAWRENCEVILLE, Ga.—For the first time in several months used vehicle values declined, Black Book reported.
Fresh Today
DALLAS—City Credit Union President and CEO Sharon Scearce will retire from the organization Sept. 30 after 21 years of service to the organization, the CU announced.
WASHINGTON--The Defense Credit Union Council Monday sent letters to the House Financial Services and Small Business Committee, the first being a comprehensive letter to HFSC leaders detailing its support and recommendations on several financial services bills under consideration.
WASHINGTON--The U.S. Department of the Treasury has named Dietrich Douglas acting director of the Community Development Financial Institutions Fund (CDFI Fund), Treasury announced.
WASHINGTON--The CFPB should reconsider its proposal to remove consumer education and financial literacy from the Civil Penalty Fund’s authorized uses, America’s Credit Unions Head of Regulatory Advocacy James Akin said in a letter to the Bureau.
WASHINGTON--A bipartisan bill introduced last week would increase access to financing for Accessory Dwelling Units (ADUs) and has credit unions’ support. The Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act (H.R. 4479) was introduced by Reps. Sam Liccardo (D-CA) and Andrew Garbarino (R-NY), ACU reported.
WASHINGTON—The Consumer Financial Protection Bureau has officially withdrawn a proposed rule that would have eliminated the requirement for state officials to notify the Bureau when taking enforcement actions under the Consumer Financial Protection Act (CFPA).
KINGSPORT, Tenn.—Eastman Credit Union has issued an apology following the circulation of a viral TikTok video showing two people engaged in intimate behavior at one of its Johnson City branches, NDTV reported.
SACRAMENTO— A federal grand jury has indicted two Venezuelan nationals in connection with an ATM "jackpotting" scheme that targeted credit unions and banks across California and six other western states.
SAN FRANCISCO—As credit unions chart their path through an increasingly digital financial landscape, new data from Treasury Prime’s 2025 Banking Innovation Index delivers a clear message: embedded finance and real-time technology are no longer optional—they’re survival tools.