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ARLINGTON, Va.—Total consumer credit has increased by an annualized 2.6% in April; meanwhile, consumer credit for credit unions rose 1.6% during the month – compared to a 0.5% increase for banks and 0.5% decrease for financial companies, reported NAFCU.

NEWPORT NEWS, Va. - Langley Federal Credit Union donated $10,000 to Big Brothers Big Sisters of the Greater Virginia Peninsula (BBBSGVP) for support of their youth mentoring programs.

ORANGE, Conn.–Nutmeg State Financial Credit Union celebrated with a Ribbon Cutting ceremony the opening of the CU’s newest location inside the Orange ShopRite.

BROOKFIELD, Wis.–A credit union client of Fiserv is among the financial institutions that have been recognized for their innovative use of technology by Retail Banker International (RBI) at the Retail Banking Conference and Awards 2017.

WASHINGTON–With their initial reviews now complete of the new 149-page report on its plans for banks and credit unions by the Treasury Report, additional reading reveals how the Trump Administration plans to defang the Consumer Financial Protection Bureau and reduce the reach of Dodd Frank.

ALEXANDRIA, Va.– Credit unions in Oregon, Nevada and Washington led the country when it came to loan growth during the first quarter, while CUs in Pennsylvania and Connecticut saw the most tepid lending, according to the latest NCUA Quarterly U.S. Map Review.

MIDLAND, Mich. – Dow Chemical Employees’ Credit Union has awarded 10 scholarships worth $1,500 each to local students through two scholarship programs.

GREENSBORO, N.C.–The person considered to be the longest-serving CU volunteer in history has died, while in another state a volunteer with more than 50 years of service has also stepped down.

GRAND RAPIDS, Mich.–CU*Answers announced that its new Developer’s Help Desk (DHD) business initiative is moving quickly ahead, with its new online retail presence in full development and the CUSO’s first API catalog ready to be distributed at the company’s June Leadership Conference. 

WASHINGTON–A new study on the transition to credit visibility has found that the way consumers establish credit history can differ greatly based on economic background.