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WASHINGTON—The U.S. Faster Payments Council, which will coordinate the remaining implementation work identified by the Federal Reserve's task forces to modernize the U.S. payment system, launched this week.

WASHINGTON—During the third quarter banks were less likely to approve credit card and auto loan applications for borrowers with FICO scores of 620 than they were at the beginning of the year, according to the Federal Reserve's third-quarter Senior Loan Officer Survey.

WASHINGTON–After spending more than $8 million this election cycle, credit unions and their trade associations will be joining the rest of the nation in paying close attention to the results of today’s mid-term elections, watching not just how CU-supported candidates have fared but how the focus of Congress might change.

ALEXANDRIA, Va.—NCUA’s 2019 and 2020 budgets will be up for a vote during the agency’s open board meeting today.

ANN ARBOR, Mich.–Credit unions have essentially lost their long-time point of pride, their traditional lead over banks when it comes to how consumers rate service, according to a just-released survey.