MCLEAN, Va.--The 30-year fixed-rate mortgage moved lower this week, averaging 6.81%, Freddie Mac reported.
Fresh Today
SAN CARLOS, Calif.—A 1% shift. That’s all it would take. If just 1% of sales moved from a premium credit card to a retailer-issued stablecoin, retailers would save...
WASHINGTON--The Federal Deposit Insurance Corporation, Federal Reserve, and Office of the Comptroller of the Currency have issued a Request for Information (RFI) on questions related to payments fraud, America's Credit Unions reported.
WASHINGTON—The Senate Tuesday night passed the GENIUS Act, which establishes clear guidelines for stablecoin issuers.
WASHINGTON—As President Donald Trump pushes for expanded Immigration and Customs Enforcement (ICE) operations and urges agents to use all available means to carry out mass deportations, America’s Credit Unions has released guidance for credit unions on how to respond if ICE agents show up at their branches.
SPRINGFIELD, Mass.—A former accountant has pleaded guilty in federal court to participating in a bank fraud conspiracy that defrauded financial institutions—including at least two credit unions—of millions of dollars by securing commercial mortgages using falsified documents, MassLive reported.
MADISON, Wis.—The World Council of Credit Unions (WOCCU) in May partnered with FENACOAC, its member credit union association in Guatemala, to launch the first phase of an innovative last-mile financial inclusion initiative designed to deliver essential services to indigenous women, youth and other marginalized populations in isolated rural villages.
LACEY, Wash.—TwinStar Credit Union has agreed to a $1.75-million settlement to resolve a class-action lawsuit alleging it charged unfair overdraft and NSF fees, according to Top Class Actions.
ST. PETERSBURG, Fla.—Consumer spending for May suggests continued momentum, albeit at a slower pace than prior years, according to the June edition of the Velera Payments Index.
WASHINGTON--The credit union industry is joining together to push back on the White House’s original budget proposal with cuts to eliminate funding for the Treasury’s Community Development Financial Institutions (CDFI) Fund, America's Credit Unions reported.