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JACKSON, Miss.–In a new report called “sobering” by its authors, findings indicate how unevenly COVID relief funds have been distributed.

LOS ANGELES–University Credit Union said it has entered into a 10-year partnership with the University of California, Davis that includes increased funding for student initiatives and upgrades of The Pavilion arena, new financial literacy and wellness programs, increased access to financial services on campus, and availability of UCU membership benefits to all students, alumni and retirees, staff and faculty.

WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased in March by 5.2 points to 81.7. Four of the HPSI’s six components increased month over month, including the components related to homebuying and home-selling conditions, household income, and home prices.

ARLINGTON, Va.—NAFCU has written to the Federal Reserve to offer the association’s support for an interim final rule (IFR) concerning temporary asset threshold relief for community financial institutions.

SACRAMENTO, Calif.–Beginning this weekend, the annual Credit Union SacTown Run will again be held virtually due to the COVID-19 pandemic, with participants across California and Nevada running or walking the equivalent of a 5K on their own. Participants in the event—which benefits Children’s Miracle Network (CMN) Hospitals—will have until April 20 to complete their 5K run/walk.

WASHINGTON—In response to a recent call by a bank trade group for congressional hearings on CU acquisitions of banks, CUNA has sent a letter to all 535 congressional offices saying such purchases help keep locally owned financial institutions in communities.