WASHINGTON—The Consumer Financial Protection Bureau has released a study revealing “significant” disparities in how lenders treat Black and White small business owners seeking loans.
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WASHINGTON—The Defense Credit Union Council (DCUC) has sent a letter to Senate Judiciary Committee Chairman Dick Durbin (D-IL) and Ranking Member Lindsey Graham (R-SC) stating the trade group’s opposition to legislative proposals targeting credit card interchange rates.
BOULDER, Colo. – In an effort to raise name, image and likeness (NIL) dollars for student athletes, Elevations Credit Union has introduced the Go Buffs Visa Signature Rewards Card.
WASHINGTON—Lawmakers are back on Capitol Hill for the final weeks of the 118th Congress, and issues that may be addressed in the lame duck session include both credit union priorities and bills of concern, America’s Credit Unions noted.
BANNOCKBURN, IL.— The $1.6-billionGreat Lakes Credit Union here and $59-million Chicago Municipal Employees Credit Union, based in Chicago, have agreed to merge, the organizations announced.
BILOXI, Miss.—The $4.1-billion Keesler Federal Credit Union here and $716-million Jefferson Financial FCU, based in Metairie, La., have agreed to merge, the credit unions reported.
WASHINGTON—Consumer prices in October rose 2.6% from a year earlier, up from 2.4% in September, the Bureau of Labor Statistics reported.
LAKE TAPPS, Wash.—Credit union mergers during the third quarter of 2024 showed an upward trend in both the number of approved transactions and the combined asset size of the merging institutions, according to a new analysis from CEO Advisory Group.
MADISON, Wis.—Credit union liquidity has risen over the last year but remains close to the lowest ratio in credit union history, TruStage reported.
CHICAGO—As credit union lenders enter the final months of the year, TransUnion data reveal where CUs have been doing the most work to keep the pipeline full.