ST. PETERSBURG, Fla.--U.S. consumer spending remained resilient into early 2026, but signs of growing segmentation are emerging, according to Velera’s January Payments Index, which shows continued strength in card usage and mobile wallets alongside evolving credit balances and delinquency trends that could reshape risk management for credit unions.
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ATLANTA—CineFi has launched as the first fully digital credit union focused exclusively on professionals in television, motion pictures, music, gaming, content creation, and the broader influencer economy, targeting what it says has been a long-standing gap in financial services for Atlanta’s entertainment industry.
WASHINGTON—The CFPB is proposing updates to its Privacy Act system governing the Nationwide Mortgage Licensing System and Registry, a move aimed at clarifying how personal information tied to mortgage loan originators and financial institutions is collected, used, and shared.
WASHINGTON—The Senate Banking Committee on Wednesday postponed a planned discussion of draft legislation that would establish a regulatory framework for cryptocurrencies, hours after Coinbase CEO Brian Armstrong publicly opposed the bill, according to Reuters.
WASHINGTON--Prior to the Senate Banking Committee’s expected markup of digital assets legislation Thursday, America’s Credit Unions’ sent a letter to the committee reiterating its opposition to stablecoin rewards.
America’s Credit Unions Urges House To Advance 2026 Appropriations Bill Addressing Key CU Priorities
WASHINGTON--The Financial Services and General Government and National Security, Department of State, and Related Programs Appropriations Act, 2026 (H. 7006) addresses key credit union priorities and should move forward. America’s Credit Unions urged House leaders to advance the bill in a letter sent Wednesday as the House began floor consideration.
WASHINGTON--The Defense Credit Union Council Wednesday sent a detailed letter to Department of Veterans Affairs Secretary Doug Collins outlining its 2026 legislative and regulatory priorities aimed at strengthening the financial well-being of America’s veterans.
LITTLETON, Mass,--Hanscom Federal Credit Union has completed its previously announced purchase and assumption of the majority of the assets and liabilities of Maryland-based The Peoples Bank, following receipt of all required regulatory and shareholder approvals.
NEW YORK--U.S. light-vehicle sales softened at the end of 2025, signaling a more uneven environment for auto lenders heading into 2026, according to preliminary estimates from GlobalData.
WARNER ROBINS, Ga. —The $4.7-billion Robins Financial Credit Union donated $1 million to local nonprofits and community initiatives throughout 2025, supporting programs focused on education, healthcare, and essential services across Georgia, the CU announced.