WASHINGTON—Despite credit unions building a “reservoir of trust” with key members of Congress, the Defense Credit Union Council acknowledged the growing number of credit union sports sponsorships, mega-mergers and purchases of banks are having an impact on CU advocacy efforts on Capitol Hill.
WASHINGTON--While members of Congress spent the last two weeks in home states and districts, America’s Credit Unions, leagues and credit unions worked to ensure ACU's “Don’t tax my credit union” message was in front of lawmakers – especially members of the House Ways and Means Committee, who will begin writing its tax bill this week.
ALEXANDRIA, Va.—NCUA Friday announced it will hold an open board meeting on Thursday, May 22, during which it will address the agency’s “path forward.”
WASHINGTON– The Defense Credit Union Council is calling for a follow-up industry-wide strategy meeting as the credit union movement prepares for a pivotal month of legislative action.
NEW YORK—The National Cryptocurrency Association’s largest-ever survey reveals that approximately 55 million U.S. adults are now using cryptocurrencies, Pintu reported.
NEW YORK— A new study highlights credit unions' growing competitive payments edge, especially in rural communities and among Gen Z consumers, as the financial landscape continues to evolve.
LITTLE ROCK, Ark.— An Arkansas woman has been sentenced to three years in prison for stealing more than $300,000 from elderly members at $6-billion Service FCU, based in Portsmouth, N.H.
MCLEAN, Va.—The average rate for a 30-year fixed mortgage dropped slightly to 6.81% this week, down from 6.83% last week, according to Freddie Mac. At this time last year, the rate stood at 7.17%.
WASHINGTON--As Congress prepares to return to Washington next week to put pen to paper on the tax bill, America’s Credit Unions’ advocacy team held a briefing for House of Representatives staffers on Capitol Hill Thursday.
WASHINGTON— Community bankers remain generally optimistic about the economy, though concerns are growing that future business conditions may be deteriorating, according to the latest Community Bank Sentiment Index from the Conference of State Bank Supervisors.
