Advanced search

NEW YORK—A provision in the newly approved federal budget bill could significantly reshape how immigrants in the U.S. send money back to their families—and, in the process, open the door to new growth opportunities for credit unions, one expert is saying.

ALEXANDRIA, Va.—The Defense Credit Union Council Tuesday wrote a letter to NCUA Chairman Kyle Hauptman encouraging the agency to align its fair lending supervisory approach with recent federal regulatory guidance and rulings – specifically by removing disparate-impact analysis from examiner reviews.

PLANO, Texas— Consumer credit growth slowed sharply in May, with revolving debt—primarily credit cards—posting its first decline since last November. For credit unions, this could signal a shift in member behavior amid persistently high interest rates and softening disposable income, according to one economist’s data.

ALEXANDRIA, Va.—With NCUA announcing it will hold a public hearing on a request from Dade County FCU to expand its existing community charter, one attorney believes any actions taken by the board during the Sept. 23 hearing will likely not be challenged.

WASHINGTON—Consumer prices rose at their fastest pace in five months in June, fueled by higher costs for certain goods—a sign that tariffs may be starting to influence inflation, possibly prompting the Federal Reserve to hold off on any interest rate moves until at least September, Reuters reported.

WASHINGTON--The CFPB’s medical debt rule is now overturned as a Texas judge vacated the rule following a successful legal challenge from the Cornerstone League and Consumer Data Industry Association, America's Credit Unions reported.

ST. PETERSBURG, Fla.--In 2025, stablecoins have officially outgrown their reputation as speculative crypto assets. No longer the domain of blockchain enthusiasts alone, these digital tokens—backed one-to-one by real-world assets like U.S. Treasury securities—are becoming foundational to how money moves in the modern economy.

WASHINGTON--The Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency have issued a joint statement on continued efforts to provide clarity on banks' engagement in crypto-asset-related activities.