WASHINGTON—A group of senators is expressing “profound alarm” and demanding answers over what they call the CFPB’s “unprecedented” decision to drop its case against Navy FCU for charging members millions in "illegal" overdraft fees, Military.com reported.
THE feature
ST. PETERSBURG, Fla.--In 2025, stablecoins have officially outgrown their reputation as speculative crypto assets. No longer the domain of blockchain enthusiasts alone, these digital tokens—backed one-to-one by real-world assets like U.S. Treasury securities—are becoming foundational to how money moves in the modern economy.
New Remittance Tax Could Spur Digital Shift—And Open Doors For Credit Unions, Or Create More Burden?
NEW YORK—A provision in the newly approved federal budget bill could significantly reshape how immigrants in the U.S. send money back to their families—and, in the process, open the door to new growth opportunities for credit unions, one expert is saying.
CHICAGO—With consumers increasingly concerned about inflation and global trade tensions, many are turning to credit to protect their financial futures. And for credit unions, that presents a significant opportunity—if they’re prepared to seize it, one company says.
SEATTLE—Even the most disciplined planning can't always prevent a crisis—just look at COVID-19 or the Great Recession. These “perfect storms” often stem from unpredictable events that only seem obvious in hindsight. But according to strategic consulting firm Jury & Lass, five key factors can help credit unions navigate and survive such turbulent times.
PLANO, Texas—Following the release of a new Federal Reserve paper suggesting there’s a “real” possibility interest rates could return to near-zero in the coming years, at least one economist is pushing back—calling that scenario unlikely.
WASHINGTON— Despite today’s relatively high short-term borrowing costs, the possibility of the Federal Reserve returning interest rates to near-zero levels in the coming years remains real, according to a new paper jointly released by the New York and San Francisco Fed.
KERRVILLE, Texas— Torrential rain pummeled central Texas on Independence Day, dumping more than a month’s worth of rainfall in some areas and triggering deadly flash floods. In the aftermath, early reports show credit unions are once again stepping up to help their members and communities recover from a natural disaster.
WASHINGTON—Credit unions scored a major legislative victory when Congress passed—and President Trump signed—H.R. 1, preserving the movement’s long-standing federal tax exemption.
Amid the parades, barbecues, and fireworks of Independence Day, it’s easy to revel in the festivities. But the Fourth of July is more than a day off or a sky lit with color – it’s a time to reflect on the ideals of liberty and those who fought to secure it.
