Serious Consumer-Level Credit Card Delinquencies Decline YoY For Second Consecutive Quarter 06/04/2025 03:34 pm CHICAGO—The first quarter of 2025 reflected credit card trends indicating a return to equilibrium, similar to those observed towards the end of 2024, TransUnion reported.
Navy Federal Teams With Bloom Credit To Help Members Build Credit Via Rent, Utility Data 06/04/2025 02:33 pm VIENNA, Va.—The $190-billion Navy Federal Credit Union has partnered with Bloom Credit to use Bloom+, a data product that helps members build credit through rent and utility payments, Mobile ID World reported.
Americans Hold $12.6 Trillion In Mortgage Debt—New Study Reveals States Where Homeowners Struggle Most 06/04/2025 03:37 pm MIAMI--Mortgage debt remains the largest category of debt for Americans, with the average household carrying nearly $105,000 in mortgage debt.
Suncoast Credit Union Joins Defense Credit Union Council 06/04/2025 03:57 pm WASHINGTON--The $19-billion Suncoast Credit Union hare has become an affiliate member of the Defense Credit Union Council, DCUC announced.
Avenir Financial’s Acquisition Of Mission Bank Stands Out As Rare ‘Merger of Equals’ In Credit Union/Bank Deals 06/05/2025 05:36 pm WASHINGTON— When the $385-million Avenir Financial Credit Union recently acquired $195-million Mission Bank, it drew attention due to the relatively close asset sizes of the two institutions. The deal resembled almost a merger of equals—something rarely seen among the more than 100 previous credit union acquisitions of banks.
ACU’s Morris Shares CU Perspective At House Hearing On Financial System Data Privacy 06/05/2025 08:13 pm WASHINGTON—America's Credit Unions' Andrew Morris provided the credit union perspective on national data privacy legislation Thursday during the House Financial Services Subcommittee on Financial Institutions hearing, “Framework for the Future: Reviewing Data Privacy in Today’s Financial System.”
Affinity Plus FCU To Merge In City And County Employees FCU 06/05/2025 12:14 pm ST. PAUL, Minn.–The $4.2-billion Affinity Plus FCU here and $28-million City and County Employees FCU, based in Albert Lea, Minn., intend to merge, Affinity Plus reported.
Angela Finn Named President/CEO At Commodore Perry FCU 06/05/2025 05:32 pm OAK HARBOR, Ohio—The $95-million Commodore Perry Federal Credit Union has named Angela Finn president and CEO, the credit union announced.
Mortgage Rates Move Down 06/05/2025 01:28 pm MCLEAN, Va.--Mortgage rates decreased this week, Freddie Mac reported.
