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DALLAS—When it comes to asset/liability management in 2024, credit unions will continue to be challenged by the very question they have faced in 2023—how to fund themselves, according to one expert who is urging CUs to be “opportunistic.”

VIENNA, Va.–Just days after a national report alleged bias in its mortgage lending, a lawsuit has been filed against Navy Federal in federal court claiming the credit union discriminated against Black and Latino mortgage applicants.

ALEXANDRIA, Va. –During Q3, credit unions in Idaho and Wyoming led the way in asset growth (assets declined the most in New Jersey and West Virginia), lending was strongest in Hawaii and Montana, and membership was up overall but down in 18 states, according to a new analysis from NCUA.

WASHINGTON— Many consumers are still being hit with unexpected overdraft and nonsufficient fund (NSF) fees-with nearly half saying they were “surprised”–despite recent changes implemented by banks and credit unions that have eliminated billions of dollars in fees charged each year, according to a new report from the CFPB.

WASHINGTON – The introduction of the Predatory Lending Elimination Act has drawn praise from a number of consumer groups.

WASHINGTON—NAFCU, CUNA and other financial services trade groups have sent a joint letter to the U.S Senate in opposition to Sen. Jack Reed’s (D-RI) Predatory Lending Elimination Act.

WASHINGTON—Despite significant effort on the part of credit unions and other organizations, and some support in Congress, one effort to void the Consumer Financial Protection Bureau’s section 1071 rule has been stymied, at least for now.

WINSTON-SALEM, N.C.–Allegacy Federal Credit Union has named a new president and CEO, who will be part of a year-long transition period.

IRVINE, Calif.–Origence has officially announced a lending partnership with Tesla—first reported by CUToday.info in November.

GLENDALE, Ariz.–Credit Union West said it has teamed up with Camelback Ranch-Glendale to launch the West Valley Resident Pass presented by Credit Union West for the 2024 Spring Training season.