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ALEXANDRIA, Va.—Senior executives from PenFed Credit Union were joined by a U.S. State Representative, government officials from the state of Maryland, Prince George’s County and a host of corporate partners at the grand opening of Maryland’s first Junior Achievement Finance Park.

CHARLOTTESVILLE, Va.—A new survey shows that Navy FCU, Vienna, Va., continues to make the most mortgage loans within credit unions, topping $8.3 billion in 2014. Navy Federal’s mortgage loan production is larger than the asset size of all but a few credit unions.

NEW YORK—Consumer credit defaults were down seven basis points in September over August, thanks largely to mortgages, according to the S&P/Experian Consumer Credit Default Indices.