ARLINGTON, Va.—An independent study commissioned by NAFCU shows the benefit to U.S. consumers from the credit union federal income tax exemption is $16 billion per year, or $159 billion over the 10-year period the study examined.
Fresh Today
WASHINGTON—“Boring” is not the word being used to describe Washington over the past week, where a new administration is now in charge, according to CUNAs chief advocacy offer, Ryan Donovan.
WASHINGTON—A House committee is asserting that CFPB Director Richard Cordray may have violated federal law by not reopening the public comment period for the “larger participant” auto finance rule.
WASHINGTON–For the third consecutive week, mortgage rates have declined.
WASHINGTON–Mortgage applications increased 0.8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 13, 2017.
LAWRENCEVILLE, Ga.– Peach State FCU has launched a new website, www.PeachStateFCUStories.coop, in which it is seeking member stories.
SEATTLE—Amazon is heating up the battle for rewards cards with an Amazon Prime credit card that offers 5% off every Amazon purchase, plus 2% back at restaurants, gas stations and drugstores and 1% back on every other purchase.
GRAND RAPIDS, Mich.–The Internet Retailer Support Center (IRSC), a new support desk at CU*Answers for credit union virtual channel project managers, has launched CU*Answers’ Mobile App 2.0 with single sign-on for mobile check deposits to four credit unions.
SAN FRANCISCO–Two of the nation’s biggest banks are reporting a decline in mortgage volumes as the result of increasing interest rates.
APPLETON, Wis.–Two credit unions in Wisconsin have announced merger plans.