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ARLINGTON, Va.–Credit unions and various consumer groups often align on issues, but not always, as is the case on legislation before Congress that would create a national interest rate cap of 36%.

MADISON, Wis.–During the global pandemic credit union commitments to programs to assist member institutions in need and to continuing credit union professional education programs remained strong, but there has been a significant reduction in some charitable giving, according to the leaders of CU foundations from around the world.

RADCLIFF, Ky.– Abound Credit Union has been named one of the 2021 Louisville Business First Partners in Philanthropy Innovative Partnership honorees. 

WASHINGTON–Under bankruptcy law, it has always been unclear whether private student loans were dischargeable. But now a new federal court opinion has found the loans are not considered qualified higher education expenses under the U.S. Bankruptcy Code.

MADISON, Wis.–Mid-year data for credit unions indicate the credit union industry average net worth ratio has declined approximately 140 basis points below where it stood at the beginning of 2020. And even though the decline is greater than that which occurred during the Great Recession, it isn’t the result of write-offs and loan losses, according to CUNA.