RALEIGH, N.C.— A new bill in this state would give credit unions special rights to serve residents of a banking desert.
Fresh Today
CHICAGO—Alliant Credit Union reported a good year in the challenging commercial real estate market, with these loans up 34% over 2023.
WASHINGTON—Ahead of the Senate Small Business Committee’s hearing on managing risk in the Small Business Administration (SBA), America’s Credit Unions wrote a letter describing credit unions’ perspective on measures impacting risk related to SBA’s 7(a) Loan Program.
NEW YORK—Reflecting the Trump Administration’s pro-crypto stance, Bitcoin and digital asset bills have been field in at least 31 state legislatures, according to a Bitcoin Laws website tracking state legislative filings.
NEW YORK—America’s Credit Unions and the New York Credit Union Association, together with American Bankers Association, Bank Policy Institute, and the Clearing House Association, have filed an amicus brief in a case brought by the New York Attorney General against Citibank.
WASHINGTON—Senator Mike Lee (R-UT) is pushing to prohibit the Federal Reserve from establishing a central bank digital currency (CBDC), CardRates.com reported.
WASHINGTON— The Independent Community Bankers of America and credit unions seem to agree on one thing: opposing the consolidation of the nation’s banking regulators.
WASHINGTON—The Digital Assets Subcommittee is being asked to recognize the unique needs of credit unions as it develops policies around digital services.
WASHINGTON—The Defense Credit Union Council said it continues to advocate for credit unions' ability to offer improved and expanded financial opportunities to veteran entrepreneurs and military families by urging legislative and regulatory reforms.
ALEXANDRIA, Va.—With the Trump Administration calling for deep staff cuts at federal agencies, the NCUA board Thursday noted if such reductions are made at the agency, the normal operating level of the NCUSIF may need to be raised.