Fresh Today

MCLEAN, Va.--Mortgage rates did not move this past week, as the 30-year fixed-rate averaged 6.76%, Freddie Mac reported.

WASHINGTON—The Senate voted 52-47 to approve a resolution overturning a 2024 final rule that revised the Office of the Comptroller of the Currency’s (OCC) process for reviewing proposed bank mergers, the ABA Banking Journal reported.

WASHINGTON--The House Ways and Means Committee could mark up its portion of budget reconciliation next week, meaning the bill’s text would need to be released in the next few days, America's Credit Unions reported, noting credit union leaders met with key committee members this week.

ALEXANDRIA, Va.—The two deadlines in the legal battle between the Trump Administration and dismissed NCUA board members Todd Harper and Tanya Otsuka have been pushed back.

WASHINGTON—The Federal Reserve kept its key interest rate unchanged on Wednesday and offered no indication of a rate cut in the near future, as President Donald Trump's tariffs increase the risk of both a surge in inflation and a potential recession.

LAS VEGAS—Tom Davis kicked off the Edge 2025 conference by telling attendees they have a vital role to play in shaping the future of financial services.

LAS VEGAS—From trends credit unions should be following, to better use of data for personalization, to the growing importance of digital issuance, a panel of experts at Edge 2025 addressed the future of payments.

LAS VEGAS—What is currently happening in the world of payments may be one of the biggest threats—or opportunities—credit unions will face, said Mark Meyer.

WASHINGTON—NCUA has confirmed that credit unions are not prohibited from offering financial services to unhoused veterans under current Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) and Customer Identification Program (CIP) requirements, the agency stated in a letter to the Defense Credit Union Council.