MCLEAN, Va.--Mortgage rates decreased this week, Freddie Mac reported.
Fresh Today
ST. PAUL, Minn.–The $4.2-billion Affinity Plus FCU here and $28-million City and County Employees FCU, based in Albert Lea, Minn., intend to merge, Affinity Plus reported.
ALEXANDRIA, Va.— Federally insured credit unions continued to grow through the first quarter of 2025, with total assets reaching $2.37 trillion, according to new data from NCUA. However, the report also highlights a persistent challenge: a marked decline in auto lending.
WASHINGTON--The House is preparing to vote on a bill to cap the number of Small Business Lending Companies (SBLCs). America’s Credit Unions wrote to House leaders Wednesday urging their support for the Capping Excessive Awarding of SBLC Entrants (CEASE) Act (H.R. 2987).
WASHINGTON--The importance of strengthening protections against illegal robocalls and robotexts while ensuring legitimate businesses can continue to communicate effectively with their customers and members was stressed by America’s Credit Unions in a letter sent in advance a House Energy and Commerce Subcommittee on Oversight and Investigations hearing this week.
WASHINGTON—The U.S. Senate on Wednesday confirmed Federal Reserve Governor Michelle Bowman to be the Federal Reserve’s vice chair for supervision—the central bank’s top regulatory position.
WASHINGTON--The $19-billion Suncoast Credit Union hare has become an affiliate member of the Defense Credit Union Council, DCUC announced.
CHICAGO—The first quarter of 2025 reflected credit card trends indicating a return to equilibrium, similar to those observed towards the end of 2024, TransUnion reported.
MIAMI--Mortgage debt remains the largest category of debt for Americans, with the average household carrying nearly $105,000 in mortgage debt.
VIENNA, Va.—The $190-billion Navy Federal Credit Union has partnered with Bloom Credit to use Bloom+, a data product that helps members build credit through rent and utility payments, Mobile ID World reported.