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DETROIT—After a record-breaking 2024, credit union purchases of banks have shown no signs of retreat in 2025—despite an uneven start to the year and new hurdles from Washington.

WASHINGTON—The Bank Policy Institute (BPI) has released a series of letters urging the Office of the Comptroller of the Currency to reject five pending limited-purpose national trust company charter applications submitted by digital assets firms Ripple, Circle, Paxos and National Digital Trust Company, and payments firm Wise.

WASHINGTON—The Trump Administration is floating a new housing idea—“portable mortgages”—as it looks for alternatives after its 50-year mortgage proposal drew heavy backlash, Newsweek reported.

WASHINGTON--Credit union loans outstanding rebounded in September according to the latest America’s Credit Unions Monthly Credit Union Estimates.