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SAN DIEGO—Credit unions are generally more optimistic about their auto finance portfolios than they were nine months ago, with the majority having seen an increase in auto financing compared to last year, according to a new survey from Credit Union Leasing of America (CULA).

WASHINGTON--Credit unions are taking advantage of in-district opportunities to connect with members of Congress as the August recess winds down, America's Credit Unions reported.

WASHINGTON--“Phantom debt” tied to Buy Now, Pay Later poses risks to both borrowers and housing market stability, and America’s Credit Unions is urging the Department of Housing and Urban Development (HUD) to factor it into Federal Housing Administration (FHA) underwriting standards.  

ALEXANDRIA, Va.—NCUA is underscoring its zero-tolerance stance on retaliation against credit unions that raise concerns about the agency’s actions or policies.

Recent commentary has claimed that federal credit unions are “cashing in” on a supposed double tax exemption – namely, their federal tax-exempt status and their ability to receive Community Development Financial Institution (CDFI) Fund support. This view mischaracterizes the purpose of credit unions’ tax status and their participation in community development programs.

PLANO, Texas – Catalyst’s Loan Participation Program has surpassed $4 billion in total activity, the corporate CU announced.

WASHINGTON— Mortgage applications decreased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 22.