PHOENIX, Ariz.—The $689-million Arizona Central Credit Union has named Brian Lee president and CEO, the CU announced.
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WASHINGTON—Mortgage applications decreased 12.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 18, 2025.
ALEXANDRIA, Va.—Responding to an Executive Order, the NCUA has issued a request for comment to reevaluate two final rules that are not currently in effect.
MILWAUKEE—Amid significant ambiguity coming out of Washington, credit union leaders and analysts are raising numerous questions about the economy and the industry's future. But the most pressing question credit unions must answer for themselves is whether their earnings model is suited for these uncertain times, Raddon is saying.
WASHINGTON—Another credit union purchase of a bank is drawing fire again from the Independent Community Bankers of America (ICBA).
MADISON, Wis.—Elissa McCarter LaBorde has stepped down as president and CEO of the World Council of Credit Unions (WOCCU), the organization announced.
WASHINGTON—The total number of loans now in forbearance decreased by 2 basis points from 0.38% of servicers’ portfolio volume in the prior month to 0.36% as of March 31, 2025, the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey reveals.
WASHINGTON—Despite regulatory approval of Capital One’s plans to acquire Discover, passage of the Credit Card Competition Act is still needed to bring competition to billions of dollars in soaring credit card “swipe” fees, the Merchants Payments Coalition said.
SAN JOSE, Calif.— Brad Canfield is retiring as CEO of the $1.6-billion KeyPoint Credit Union here, the organization announced.
DAVENPORT, Iowa—The $247-milion The Family Credit Union has named Michael Brandt CEO, effective April 28, the Quad Cities Regional Business Journal reported.