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ARLINGTON, Va.–The CFPB’s focus on what it is calling “junk fees” is a “gross mischaracterization,” NAFCU has told the Bureau.

PLANO, Texas–The Cornerstone Credit Union League has named the winner of its 2022 Small Credit Union Achiever Award as well as inducted one person into its Hall of Fame.

WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased by 2.1 points to 73.2 in March, as consumers continue to express pessimism regarding the trajectory of mortgage rates and homebuying conditions general.

ST. LOUIS–Federal Reserve Bank of St. Louis President James Bullard said he would like to see the Fed’s benchmark rate increased to at least 3% by year-end 2022 to counter the highest inflation in four decades.

WASHINGTON—Treasury Secretary Janet Yellen is cautioning that technology has raised the possibility of reduced reliance on centralized intermediaries like banks and credit card companies.

NEW ORLEANS–Credit unions across Louisiana provide citizens the best value for personal financial services according to latest economics and statistic reports, delivering an estimated $169 million in benefits among 1.3 million members in the state during 2021.

DEARBORN. Mich.–Two credit unions have named new presidents/CEOs.

SOPOT, Poland–credit unions in Poland have been able to purchase additional ambulances to help Ukrainian refugees as the result of donations to the newly created Polish American Credit Union Relief Fund.