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MADISON, Wis.–New data show CUs closed out 2020 with fixed-rate mortgages setting a record for their proportion of all loans while CU membership grew at its slowest pace in six years. The forecast for 2021? Fast savings growth (unwelcome news to many), potential inflation, and even more mortgage loans.

SNELLVILLE, Ga.–The African-American Credit Union Coalition (AACUC) plans to induct five credit union leaders into its Hall of Fame at the Virtual Induction on March 1.

LONDON–The British government plans to introduce rules for the “buy-now pay-later” (BNPL) credit market after the unregulated market spiked as consumers struggled during coronavirus pandemic lockdowns.

GREENSBORO, N.C.--A partnership between Vizo Financial Corporate Credit Union and retail checking solutions provider StrategyCorps will deliver actionable analytics and modern rewards solutions to Vizo Financial’s member credit unions, the corporate CU said. 

ARLINGTON, Va. –The giant pandemic relief bill being pushed by the Biden Administration and the Democrats should pass a House vote this week and hit the Senate floor by mid-March, NAFCU is forecasting.

TULLAHOMA, Tenn.–Ascend FCU and its employees raised $1,150 to support the American Heart Association’s (AHA’s) efforts to increase women’s heart health awareness.

WASHINGTON–Applicants to the newest round of the Paycheck Protection Program continue to report a variety of glitches making it difficult to complete their applications and receive funds.