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DETROIT—Concerns with the economy and the Fed rate hikes put an end to what was expected to be a big, record-breaking year for credit union purchases of banks in 2022. Now, the pioneer of these deals, says the pace of credit union acquisitions of banks in 2023 will depend on those same factors.

WASHINGTON–With the current session of Congress nearly over, the Merchants Payments Coalition is keeping up its pressure in support of the Credit Card Competition Act, issuing statements and backing advertising that alleges rising card “swipe fees” could “potentially cost consumers over $20 billion in higher prices for everything from dreidels to Christmas trees this holiday season.”

TAMPA, Fla.–Trellance, a provider of analytics and talent solutions, has released a list of the credit union league partnerships it added during 2022. 

WASHINGTON—The Office of the Comptroller of the Currency is reporting that of the first-lien residential mortgages included in its quarterly mortgage performance report, 97.2% were current and performing at the end of the third quarter, up from 95.6% a year ago.

We’ll all be hearing and perhaps even singing that lyric this weekend, even if our voices quickly trail off by about the third line in what is actually an eight-stanza song, as few of us know any of the words in the last 7.5 of those verses. 

SAINT PAUL, Minn. - Five members with WINcentive Savings accounts at Affinity Plus Federal Credit Union, Hiway Credit Union and St. Paul Federal Credit Union were the lucky recipients of a special holiday prize of $1,000.