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WASHINGTON–As many had predicted, during his State of the Union address, President Joe Biden attacked “junk fees” and touted an announcement earlier in the week by the CFPB that is is capping credit card late fees.

WASHINGTON–Credit union leaders gathered here were offered updates on events in other parts of the globe as part of Cooperative Voices event hosted by the Worldwide Foundation.

MADISON, Wis.—World Council of Credit Unions (WOCCU) said it has started 2024 by adding two new member organizations: Moldova’s Central National Association of Savings and Credit Associations (CNASCA) as a direct member, and Cresol Confederation as a second associate member from Brazil.

WASHINGTON–The strong numbers shown in Friday’s jobs report continue to exceed most analysts’ expectations, but aren’t quite as strong as they appear at first blush, according to one credit union economist.

VANCOUVER, B.C.--Community Savings Credit Union here has launched pre-approved business credit cards for its cannabis membership.

MADISON, Wis.–Credit unions closed 2023 with 15.2% of the consumer loan market, up from 14% one year earlier and marking the highest percentage on record, according to TruStage’s new Trends Report data.

AMARILLO, Texas—As the massive wildfires in Texas are brought under control, one credit union says it is now working to address the growing needs of members who have been affected by the historic fires, which have torched about 2,000 square miles of grasslands that feed tens of thousands of cattle.

DAYTON, Ohio–The Firefighters & Company FCU is donating 820 carbon monoxide detectors to fire departments in the area.