WASHINGTON— Monday morning the Defense Credit Union Council sent multiple letters to key Congressional committees, pressing for legislative and funding priorities that strengthen credit unions’ ability to serve military members, veterans, and underserved communities.
WASHINGTON—Credit unions are raising concerns over a recent Small Business Administration (SBA) letter sent to all SBA lenders requesting extensive information on so-called “debanking” practices.
WASHINGTON— With Congress back from its August recess, the Defense Credit Union Council and America’s Credit Unions are emphasizing the urgency for lawmakers to act quickly on critical legislative priorities—particularly passage of the National Defense Authorization Act (NDAA) and measures to keep the government funded.
ST. PETERSBURG, Fla.—Credit unions are facing profound shifts in member behavior, driven by Generation Z’s digital-first expectations, according to Velera’s fifth annual CU Growth Outlook.
DECATUR, Ill.—The $478-million Land of Lincoln Credit Union here announced it intends to acquire $97-million Williamsville State Bank and Trust, based in Springfield, Ill.
WASHINGTON--The regulatory landscape is evolving, bringing significant changes to the CFPB under the Trump administration. In a recent webinar, America’s Credit Unions Director of Innovation and Technology, Andrew Morris addressed recent steps to undo previous rulemakings, regulations, and other actions, and how it will affect credit unions and other financial institutions.
WASHINGTON--Credit union loans outstanding increased 0.38% in June, compared to a 0.48% increase in May and a 0.17% increase in June 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
SPRINGHILL, La. — The $753-million Carter Federal Credit Union reported a major data breach after an unauthorized party gained temporary access to its computer network between June 25 and July 2, 2025.
MOUNTAIN VIEW, Calif.—Google moved quickly to clear up confusion after a recent Play Store policy update suggested non-custodial crypto wallets could be banned in the U.S., U.K., and other countries starting in October, Bank Info Security reported.
MIDDLETOWN, Conn.— Keith A. Wiemert retired at the end of August as president and CEO of Ellafi Federal Credit Union here, closing out 28 years of leadership at the organization, Hartford Business reported.
