WASHINGTON–Voting is to begin today by member credit unions of CUNA and NAFCU on the proposed merger between the two national trade associations.
Fresh Today
WASHINGTON–Mortgage rates continue to hit new highs. Last week, the average rate on the 30-year fixed-rate mortgage was at its highest point since 2001, hitting7.23% in the week ending August 24, up from 7.09% the week before, according to data from Freddie Mac.
WASHINGTON–With mortgage rates having climbed to the highest level in more than two decades, credit union members and other consumers are now facing a “split-screen market in housing,” according to a new report.
WASHINGTON—In response to a banking trade association’s request that Congress investigate credit union growth and the industry’s tax-exempt status, NAFCU is telling Washington that banks should “look in the mirror” to understand why Americans are turning to credit unions for financial services.
LAHAINA, Maui–With a branch of Maui County FCU still closed due to the devastating wildfires on the island—the branch survived—additional donations to relief efforts have been announced.
WESTMINSTER, Calif.– LBS Financial Credit Union has named a new president and CEO. The $2-billion LBS Financial has selected Sean Hardeman to lead the organization, just its fourth president and CEO in the institution's 88-year legacy.
ABBEVILLE, S.C.–The $31.9-million HopeSouth Credit Union is reporting it has made its first-ever mortgage loan.
WASHINGTON–The FBI is urging the immediate removal of previously hacked email security appliances made by Barracuda Networks, saying they have been exploited by Chinese hackers.
SAINT PAUL, Minn. -- The Minnesota Credit Union Network (MnCUN) has named the state-level winners of its 2023 Dora Maxwell, Louise Herring and Desjardins award competitions.
ALEXANDRIA, Va.— NCUA has released new resources for credit unions it said are designed to help implement financial education programs and social media engagement.