PEORIA, Ill.— The $8.3-billion Citizens Equity First Credit Union here is partnering with CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, Student Choice announced.
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WASHINGTON—The Defense Credit Union Council has selected three distinguished leaders to be inducted into the DCUC Hall of Honor.
WASHINGTON—The U.S. economy shrank in the first quarter more than initially estimated, as consumer spending weakened and businesses scrambled to import goods ahead of the Trump Administration’s sweeping tariffs, the Bureau of Economic Analysis reported.
MCLEAN, Va.--The 30-year fixed-rate mortgage decreased this week, averaging 6.77%, Freddie Mac reported.
WASHINGTON—Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 20, 2025.
America’s Credit Unions to Congress: CFPB Overreach Forcing Community Institutions To Close or Merge
WASHINGTON--“For too long, community financial institutions have been under a regulatory onslaught that has forced many to close or merge,” America’s Credit Unions President/CEO Jim Nussle wrote to the House Financial Services Committee Subcommittee on Oversight and Investigations ahead of a hearing focused on the CFPB.
WASHINGTON--Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211 from $2,186 in April, the Mortgage Bankers Association reported.
WASHINGTON--The Federal Reserve voted Wednesday to advance a proposal that would reduce a banking capital rule—the enhanced Supplemental Leverage Ratio (eSLR)—for big banks.
PURCHASE, N.Y.—Following Fiserv’s announcement that it has stepped into the stablecoin space, Mastercard has now joined the Global Dollar Network, a stablecoin consortium formed by Paxos in 2024.
SAN DIEGO—A violent bank robber—whose string of heists included credit unions and netted nearly $400,000—was sentenced this week to more than 488 years in prison, marking him as one of the most prolific offenders in San Diego County history, the San Diego Union-Tribune reported.