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WASHINGTON--As Congress prepares for critical hearings this week with U.S. Treasury Secretary Scott Bessent and USDA Secretary Brooke Rollins, the Defense Credit Union Council has engaged with both the House Committee on Agriculture and the House Committee on Ways and Means to outline key policy recommendations.

EAST LANSING, Mich.—In a move to streamline operations, MSU Federal Credit Union has laid off 24 members of its IT division—a 15% reduction in that area, the credit union confirmed.

WASHINGTON— Mortgage applications increased 12.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 6, 2025.

ST. PETERSBURG, Fla.-- Velera, the nation’s premier payments credit union service organization and an integrated financial technology solutions provider, announced it has added an account validation function to its suite of online, digital and mobile channels, enabling Velera credit unions to process payments across the ACH network in real time. 

BIRMINGHAM, Ala.—CEO Derrick Ragland Jr. will retire from the $3.6-billion Southern Energy Credit Union and the end of September, the credit union announced.

WASHINGTON—Kindness alone is no longer a competitive differentiator, and credit unions must rethink what it means to deliver exceptional service, emphasizes Jeff Rendel, who added that today there is a big difference in business impact between being liked and being chosen.

WASHINGTON--The impact of the credit union tax status on consumers, businesses, and the economy at large was the subject of a message America’s Credit Unions delivered to all Senate offices Thursday.

HUNTSVILLE, Ala.– The nationwide Google outage Thursday impacted at least one credit union.