CHICAGO—Despite the Fed signaling it will not be aggressive with rate cuts this year, new account originations across several credit products are still expected to grow in 2025, TransUnion reported, adding there is more room for growth if lenders are not overly conservative.
Fresh Today
ALEXANDRIA, Va.—The NCUA board will receive a briefing on the National Credit Union Share Insurance Fund during its Feb. 27 meeting, marking the first session led by Kyle Hauptman as board chairman.
OAK RIDGE, Tenn.—The $2.1 billion Y-12 Federal Credit Union has named Dustin Millaway president and CEO.
SAN ANTONIO– SWBC’s SWIVEL Transactions has promoted Amanda Crocker to President.
TAMPA—The Credit Union Data Exchange (CUDX), a shared data platform developed and managed by credit unions, announced that Trellance has become its first official partner.
FARGO, N.D.--United Savings Credit Union has become a member of the Defense Credit Union Council, DCUC reported.
WASHINGTON—America’s Credit Unions encouraged Senate Banking Committee leaders to support the Credit Union Board Modernization Act (S. 522), a bipartisan bill introduced recently in the Senate.
LAWRENCEVILLE, Ga.—Used vehicle prices dipped last month, according to Black Book, which noted the outlook for pre-owned auto prices in 2025 is unclear.
MIAMI—What people think about deposit accounts has markedly changed in recent years, largely due to higher interest rates, according to a new study that also uncovers a consumer perspective that should concern credit unions.
ALEXANDRIA, Va.—The NCUA's voluntary post-examination survey, previously distributed after a federal credit union's exam, will now be conducted by an external vendor, NCUA announced in a Letter to Credit Unions (25-FCU-02).