WASHINGTON--Senate leaders struck a deal on Friday to pave the way for passage of the House GOP’s seven-month stopgap spending bill and avoid a government shutdown, Politico reported.
Fresh Today
WASHINGTON—Most community bank executives and board members are positive about the U.S. economy and their local markets, and many say their banks plan to expand their digital channel offerings this year, according to the American Banker Association’s “Community Bank CEO Priorities for 2025” report.
WASHINGTON—America’s Credit Unions, together with a group of federal trade associations, has filed an amicus brief in Laboratory Corporation of America Holdings v. Davis, a case where the U.S. Supreme Court will review the Ninth Circuit Court’s earlier decision.
SALT LAKE CITY, Utah –A federal grand jury in Salt Lake City has returned an indictment charging a Utah man with robbing multiple credit unions over the course of five months, the Department of Justice reported.
ANCHORAGE, Alaska—$1.47 Credit Union 1 here intends to merge in $201-million MAC FCU based in Fairbanks, Alaska.
WASHINGTON—The Defense Credit Union Council said that while it generally supports the American Housing and Economic Mobility Act, the trade group cautions there is language in the bill that could lead to expansion of Community Reinvestment Act (CRA) requirements for credit unions.
WASHINGTON—A federal judge on Thursday ordered federal agencies to rehire tens of thousands of probationary employees who were fired through the Trump Administration’s efforts to drastically reduce the government’s workforce, Politico reported.
WASHINGTON--The Senate Banking Committee is scheduled to mark up several bills Thursday, and America’s Credit Unions wrote to the committee prior to the markup in support of two bills: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENUIS) Act (S. 394) and the Financial Integrity and Regulation Management (FIRM) Act (S. 875).
WASHINGTON--A bill introduced Wednesday would assist consumers facing barriers to homeownership with a U.S. Department of Housing and Urban Development national homeownership grant program, reported America’s Credit Unions, which said it supports the bill.
JOLIET, Ill.—The $850-million NuMark Credit Union here has agreed to buy $53-million Lemont National Bank, based in Lemont, Ill., the CU reported.