ARLINGTON, Va.–With the U.S. economy continuing to prove to be “more resilient than expected” even in the face of high inflation, a NAFCU economist said data to be released this week should offer a strong signal on where the Fed is headed with rates.
WASHINGTON–The average rate on the 30-year mortgage hit 7.09% in early August, its highest point since 2002, according to the Mortgage Bankers Association and historic data from Freddie Mac.
BOWIE, Md.–Two credit unions have named new leadership.
COLORADO SPRINGS, Colo.–A former Army Ranger who was part of the “Blackhawk Down” mission that was immortalized in the book and movie of the same name shared lessons in leadership with credit unions here, including reminding that too often organizations become too wrapped up in the numbers, rather than “bringing people up.”
COLORADO SPRINGS, Colo.–What is the Defense Credit Union Council’s (DCUC) view of the proposed merger between CUNA and NAFCU?
ARLINGTON, Va.–With Congress in recess, NAFCU said it is already looking ahead to September and the return of Congress, where a key focus will remain on opposition to the Credit Card Competition Act.
WASHINGTON—In another indicator of plans by CUNA and NAFCU to merge, CUNA President and CEO Jim Nussle is scheduled to appear at NAFCU’s annual Congressional Caucus, which takes place Sept. 10-13.
FALCON HEIGHTS, Minn.–SPIRE Credit Union has entered into a partnership with U.S. speedskater Greta Myers, a Minnesota native who is a long-time member.
WASHINGTON—The Financial Crimes Enforcement Network plans to establish a contact center it said will assist small business owners in filing beneficial ownership reports, respond to questions from the public and reduce regulatory burden.
WASHINGTON—The Department of Justice is reportedly considering filing fraud charges against Binance, the largest cryptocurrency exchange in the world, but has concerns about the effect the move would have on customers.
