WASHINGTON–The median price of a home in the United States was lower in February of 2023 than it was in the same month of 2022, bringing to an end more than a decade of year-over-year increases, the longest on record, according to a National Association of Realtors report.
Fresh Today
ARLINGTON, Va.—Existing home sales rose 14.5% in February to a seasonally adjusted annual rate of 4.58 million units, breaking a 12-month decline streak and representing a 22.6% decrease compared to a year ago.
WASHINGTON–As is often asked in credit unions after there is a CU failure of any size, the banking industry, analysts and government officials are, not surprisingly, asking how Silicon Valley Bank missed the interest rate risk that ultimately led to it failing.
WASHINGTON–The Merchants Payments Coalition has renewed its call for Congress and the Federal Reserve to move quickly on legislation around credit and debit card swipe fees, saying new data show the fees “increased dramatically again” during 2022 and now cost the average family over $1,000 a year.
RANCHO CUCAMONGA, Calif.—Co-op Solutions has added two new keynoters for its THINK 23 conference, set for May 2-4 at the JW Marriott/Starr Pass Resort in Tucson.
WAYNESBORO, Va.–A former employee of DuPont Community Credit Union has pleaded guilty in Waynesboro Circuit Court to four counts of embezzlement after tweaking computer code to transfer funds into personal accounts.
LAUREL, Md.–Tower Federal Credit Union has introduced a new brand identity, logo and website.
SAFE FCU Launches Mortgage Lending Program Offering Help to First Responders, Public Service Workers
SUMTER, S.C.– SAFE Federal Credit Union has launched a program that provides first responders and other public service workers with up to $15,000 to put toward home ownership.
WASHINGTON—The World Council of Credit Unions has published “What Credit Unions Should Know About Sustainable Finance,” which it describes as a guide to help credit unions understand many of the international standards and emerging regulatory frameworks surrounding climate-related and sustainable finance issues.
WASHINGTON—Rep. Tom Emmer (R-MN) has sent a letter to the chairman of the FDIC questioning whether the agency directed banks not to provide services to digital currency businesses, according to a new report.