ALEXANDRIA, Va. –Nationally, assets in federally insured credit unions increased by 0.9% at the median over the year ending in the fourth quarter of 2024, NCUA reported, citing Q4 2024 state-level credit union data.
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BIRMINGHAM, Ala.—The $644-million Legacy Community Federal Credit Union has agreed to buy $104-million First Community Bank of Cullman, headquartered in Cullman, Ala., the CU announced.
WASHINGTON—The Merchants Payments Coalition is once again stressing the need for Congress to pass the Credit Card Competition Act, citing 2024’s “record year” credit and debit card “swipe” fees.
CHATTANOOGA, Tenn.—The Tennessee Credit Union League and the Mississippi Credit Union Association have announced plans to merge.
NEW YORK--Which credit union ranks as the nation’s top performer?
MILWAUKIE, Ore.—After working at $340-million Oregonians Credit Union for 32 years, the last six as president and CEO, Sam Launius will retire this December, the CU said.
WASHINGTON--Federal Housing Finance Agency Director Bill Pulte has assumed the role of chairman for both the Fannie Mae and Freddie Mac boards, according to regulatory filings. Additionally, both boards have removed several members and appointed new ones, ABA Banking Journal reported.
ALEXANDRIA, Va.– The National Credit Union Administration today released its 2024 Annual Report, highlighting the agency’s activities and accomplishments for the past year.
ASTON, Pa.– $837-million Sun East Federal Credit Union has promoted Debbie Cook to CEO and president.
WASHINGTON—President Trump today nominated Federal Reserve Governor Michelle Bowman to be the Fed’s vice chair for supervision. If confirmed by the Senate, Bowman will succeed Fed Governor Michael Barr, who recently stepped down from the position.