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ARLINGTON, Va.—Existing home sales declined 5.9% in October to a seasonally-adjusted annualized rate of 4.4 million units, marking the ninth straight month of declining sales and representing a 28.4% decrease in sales compared to last year, NAFCU reported.

TEMPE, Ariz.–Used car retailer Carvana, with which some credit unions have partnered on lending as other CUs have expressed interest, reported it is laying off 1,500 employees, or about 8% of its workforce.

CHAMBERSBURG, Penn.–A CEO who has announced retirement plans after a four-decade career is sharing what he has learned about developing strategic plans, managing people, and dealing with two kinds of worries.

By Ray Birch

LAKE TAPPS, Wash.—Is the liquidity crunch that's hitting the balance sheets of many credit unions also now getting in the way of CU purchases of banks and slowing those deals? Two experts have two different views on that question.

MADISON, Wis.— CUES has announced that its popular Diversity, Equity and Inclusion Certificate Program, which is held partnership with Cornell University, will returning March 15 - June 20, 2023.

NEW YORK—Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and invests in digital assets, according to a new report.

BEIJING—Transactions with China’s central bank digital currency exceeded 100 billion yuan in value ($13.9 billion) as of Aug. 31, 2022, rising from almost 88 billion yuan by the end of 2021, the People’s Bank of China (PBOC) announced.

WATERLOO, Iowa–Veridian Credit Union employees distributed 1,400 free Thanksgiving meals from the UAW Local 838 Union Hall in Waterloo, Iowa ahead of Thanksgiving as part of the 41^st annual Mike and Leona Adams Thanksgiving Dinner.

WATERLOO, Iowa – Veridian Credit Union said it is reducing overdraft fees and refunding future fees for returned items following changes to its overdraft policies.