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MADISON, Wis.–Credit union loan balances were up 0.5% in September, while CU membership growth continues to be anemic, according to the latest CUNA Mutual Trends Report.

ST. PETERSBURG, Fla.–Spending by members on their credit union debit cards continues to grow at twice the normal rate from past years, while credit card spend has hit a high point since the pandemic began, according to the newest analysis of card spend data by PSCU.

SANTA ROSA, Calif.—North Bay Credit Union is adding staff, not thinking about cutting positions, as the pandemic wears on.

ARLINGTON, Va.—Credit unions will again have flexibility in 2021 to host their annual meetings and board meetings virtually, according to NCUA. Separately, the agency also joined other regulators in issuing clarifications related to the Bank Secrecy Act.

MADISON, Wis.–It’s going to be a cold winter for the economy, according to one CUNA economist, although the federal government might be able to add a little warmth.

ARLINGTON, Va.—Existing-home sales rose 4.3% in October to a seasonally-adjusted rate of 6.85 million units, representing a 26.6% increase in sales versus a year ago, the fifth straight month existing-home sales have risen since bottoming out in May, and the highest level reached since February 2006.

WASHINGTON–The FDIC said it is seeking experienced financial advising firms to help it develop a structure and “operational aspect” for a new “Mission-Driven Bank Fund” it is establishing to assist minority depository and community development financial institutions.

ONTARIO, Ore.–A majority of members of who cast votes related to a merger between Malheur FCU and Rogue Credit Union have voted in favor of the combination.