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TROY, Mich.— A new study finds credit unions facing challenges in attracting and retaining younger members, primarily due to digital banking experiences and overdraft fees.

WASHINGTON—The Defense Credit Union Council has sent a letter to the Senate Banking, Housing, and Urban Affairs Committee strongly opposing the Credit Card Competition Act (CCCA).

TALLAHASSEE, Fla. – The Credit Union Impact Foundation, the charitable arm of The League of Credit Unions, has opened the application portal for the Growth and Impact Grant Program.

WASHINGTON— Mortgage applications decreased 1.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 28, 2025.

SCOTTSDALE, Ariz.—The standalone Zelle app is no longer available for sending or receiving money. Users are now encouraged to enroll through a participating bank or credit union’s app to continue using the peer-to-peer payment service, PYMNTS reported.

WASHINGTON—The Office of the Comptroller of the Currency has decided to withdraw from the interagency principles for climate-related financial risk management for large financial institutions, reported the ABA Banking Journal.

ST. PETERSBURG, Fla.—As credit union membership growth slumps, one expert insists more CUs need to get back to their roots to reverse this negative trend.