ALEXANDRIA, Va.--NCUA is reminding that comments on proposed Call Report Instruction changes for the September 2025 cycle are due by June 23.
Fresh Today
NAPERVILLE, Ill.-- Alloya Corporate Federal Credit Union eleventh annual Credit Union Leadership Symposium will take place Sept. 3-5 at the Westin Copley Place in Boston, Massachusetts, a new destination for the corporate’s signature event.
MCLEAN, Va.-- The 30-year fixed-rate mortgage this past week averaged 6.84%, according to Freddie Mac's Primary Mortgage Market Survey.
WASHINGTON—The Consumer Price Index rose 0.1% in May on a seasonally adjusted basis, following a 0.2% increase in April, the U.S. Bureau of Labor Statistics reported.
WASHINGTON—On Wednesday, the Senate voted 68-30 to advance the GENIUS Act without two amendments that were strongly opposed by America’s Credit Unions and the Defense Credit Union Council.
DUBLIN, Calif.—Following a ransomware attack that crippled Patelco Credit Union last year, the $9.5-billion CU has agreed to a $7.25-million class action settlement, the San Francisco Public Press reported.
NEW YORK—The financial sector is expected to ramp up investments in artificial intelligence from $35 billion in 2023 to about $126 billion by 2028. One of the segments driving this growth is payments, with the AI payment market projected to expand at a 20%-plus CAGR between 2022 and 2027, GlobalData reported.
BEAUMONT, Texas — A man who, with assistance from a former branch executive, defrauded Neches FCU of more than $2 million has been sentenced to nearly five years in federal prison and ordered to repay the credit union for its losses, KFDM reported.
ST. PETERSBURG, Fla.-- Velera, the nation’s premier payments credit union service organization and an integrated financial technology solutions provider, announced it has added an account validation function to its suite of online, digital and mobile channels, enabling Velera credit unions to process payments across the ACH network in real time.
WASHINGTON--As Congress prepares for critical hearings this week with U.S. Treasury Secretary Scott Bessent and USDA Secretary Brooke Rollins, the Defense Credit Union Council has engaged with both the House Committee on Agriculture and the House Committee on Ways and Means to outline key policy recommendations.