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ARLINGTON, Va.—Existing-home sales increased 2.5% to a seasonally adjusted annual rate of 5.3 million units in May. NAFCU Chief Economist and Vice President of Research Curt Long noted that even with modest gains in May, he expects home sales to stagnate in the coming months.

WALTHAM, Mass.–RTN Federal Credit Union held its 9th annual Walk Home for the Homeless with nearly 120 walkers, volunteers and staff participating in the 5K Walks.

ALEXANDRIA, Va.–When the NCUA board votes at its meeting this morning on its risk-based capital proposal, many in credit unions are anticipating it will delay the effective implementation date. But will a delay cost credit unions money, both in costs to the NCUSIF and in potential rebates they might not receive?

PURCHASE, N.Y.—Mastercard has launched the Mastercard Digital Wellness program, which it said includes new technologies and resources to help all businesses, especially small and independent merchants, to better serve the digital-first consumer.

MADISON, Wis.–Credit union loan balances and membership growth both slowed during April, with the number of new members joining CUs down significantly. Adjustable-rate mortgages showed surprising growth however, while net charge-offs showed a small decrease.

ALBANY, N.Y. – In what this state’s credit unions are calling a “major victory,” the New York State Assembly has passed a bill allowing credit unions access to the state Banking Development Districts Program for the first time, allowing CUs to receive up to $10 million in subsidized public deposits and other benefits.