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TROY, Mich— Small business owners are feeling positive about their businesses and the broader economy, and that goodwill is showing up in steadily improving satisfaction with their primary financial institutions, according to the J.D. Power 2025 U.S. Small Business Banking Satisfaction Study.

WASHINGTON — Warning that interest-bearing stablecoins could siphon deposits from community banks and other traditional financial institutions, the American Bankers Association joined 52 state bankers associations from across the country in submitting a letter to the U.S. Department of the Treasury urging strong implementation of the GENIUS Act’s prohibition on interest for payment stablecoins.

CHICAGO—Auto lending picked up in the third quarter of 2025 as borrowers responded to lower interest rates and improved vehicle availability, though rising monthly payments and persistent credit stress continue to challenge the market, according to new data from the Credit Industry Insights Report.

WASHINGTON—Mortgage applications decreased 1.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 31.

WASHINGTON—A federal watchdog says the Trump administration’s sustained downsizing of the Consumer Financial Protection Bureau has left the agency’s information security program ineffective.

WASHINGTON--Stablecoins and digital assets are now entering the financial services industry due to the GENIUS Act, with credit unions well-positioned to provide trusted, safe and consumer friendly services to their members, America's Credit Unions explained.

KANSAS CITY, Kan.—A former credit union manager who once led Muddy River Credit Union has been sentenced to more than five years in federal prison for a long-running embezzlement scheme, according to KAIR.

OKLAHOMA CITY, Okla.—The $2.3-billion Communication Federal Credit Union has agreed to a $2.9-million settlement following a class-action lawsuit tied to a data breach that occurred between late December 2023 and early January 2024, ClassAction.org reported.