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ARLINGTON, Va.—New home sales increased 9.6% in March to 683,000 annualized units, while sales in February were revised down 17,000 units.

ARLINGTON, Va.— The National Cooperative Bank is reporting it committed $475 million of its overall annual production to initiatives serving low-and moderate-income communities and new cooperative development during 2022.

NEW YORK— Store credit cards growth could significantly surge this year based on last year’s trends, a new study indicates.

WASHINGTON–The House Financial Services Committee passed has passed the credit union-supported the CFPB Transparency and Accountability Reform Act (H.R. 2798), while the SAFE Banking Act has been reintroduced in both the House and Senate.

FOZ DE IGUAÇU, Brazil—World Council of Credit Unions’ President and CEO Elissa McCarter LaBorde encouraged a crowd of Brazilian credit union women and youth gathered here to “show up and put their best selves forward” by connecting with different cultures through the international network available to them.

ST. PETERSBURG, Fla.– During March, slowing economic growth was prevalent in multiple key indicators, including consumer purchasing behavior, according to the newest PSCU Payments Index.

LOMBARD, Ill.—Credit unions need to do three things: incorporate technology into their value proposition, get better at formulating deposit strategies and “reclaim” their position as “the” trusted financial institution—and understand one other thing—they really don’t trail the big banks in technology offerings like they believe they do, according to one person.

AUSTIN, Texas–The Texas Bankers Association (TBA) has filed suit against the Consumer Financial Protection Bureau (CFPB) seeking to block a new rule that requires lenders to collect data on loan applications from minority, LGBTQ+ and women-owned small businesses.

WASHINGTON– NCUA has joined with four other federal financial regulatory agencies and state credit union regulators in issuing a statement that the use of United States Dollar LIBOR (USD LIBOR) panels will end on June 30, 2023. 

ALEXANDRIA, Va.– The comment period is now open for NCUA’s request for information seeking comments on current and future climate and natural disaster risks to federally insured credit unions. Credit unions, trade groups and others can offer their feedback through June 26.