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ARLINGTON, Va.—As existing home sales decreased for the second consecutive month in April – falling 0.4% to a seasonally adjusted annual rate of 5.2 million units – NAFCU Research Assistant Dhruv Singh described the trend as "concerning."

NEW YORK—Venmo is going old school, offering a credit card.

WASHINGTON—The House has passed by voice vote legislation to extend the National Flood Insurance Program (NFIP) through Sept. 30.

ARLINGTON, Va.—Credit union executives were more optimistic about the economy and their business in May than they were earlier this year, according to NAFCU's latest Economic & CU Monitor.

ALEXANDRIA, Va.—The NCUA board is set to meet today and will discuss a proposed rule related to public unit and nonmember shares.

NEW YORK–The New York attorney general’s office said it has opened an inquiry into the lending practices that left thousands of immigrant taxi drivers in crushing debt as they purchased taxi medallions. The announcement follows a 10-month investigation by the New York Times that found fault with numerous parties, including credit unions and NCUA, in contributing to the crash of the taxi medallion market, where values have plummeted even as many were enriched in the process.

WASHINGTON—The CEOs of credit unions and banks across the country have all be sent a letter from six major trade groups, including CUNA, urging them to join Sheltered Harbor.

ALPENA, Mich.–Alpena Alcona Area Credit Union (AAACU) was recently awarded Sunrise Side Best Credit Union, Best Mortgage Company and Best Employer. 

LAS VEGAS—CU Direct kicked off the first full day of its Drive ‘19 Conference here, and attendees hearing strategies on how to boost auto dealer relationships and maximize lending efficiencies. The company also announced results of board elections.

ATLANTA–More than 80 million consumers abandoned online enrollment for various services over the past year, while for first time consumers also opened more new accounts on mobile phones than on computers, according to a new survey.