BURBANK, Calif.—Financial institutions are racing to figure out where generative AI fits into their lending operations, and a new Celent study offers one of the clearest snapshots yet of how quickly the technology is taking hold—and where lenders expect real impact.
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PANAMA CITY, Fla.— The $620-million Innovations Financial Credit Union has announced that CEO David Southall will retire on Dec. 31, 2025, ending a 39-year career in the credit union industry and more than three decades of leadership at the Panama City–based institution.
PURCHASE, N.Y.—The holiday shopping season is taking shape with familiar patterns—early decorations, extended Black Friday promotions, and strong consumer turnout—but several dynamics set this year apart, including increased use of AI-driven commerce tools and expanded safeguards against cybercrime, Mastercard reported.
WASHINGTON—With just days left in the Senate’s 2025 legislative calendar, the Defense Credit Union Council is urging chamber leaders to fast-track passage of S. 522, the Credit Union Board Modernization Act, calling it a rare bipartisan reform that would immediately reduce outdated regulatory burdens on credit unions nationwide.
WASHINGTON— Mortgage applications decreased 1.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 28.
WASHINGTON – America’s Credit Unions has released its 2026 credit union advocacy priorities, the trade association announced.
NASHVILLE--Credit union-backed Matt Van Epps (R) won Tuesday’s special election to represent Tennessee’s 7th Congressional District in the race against Democrat Aftyn Behn, America's Credit Unions reported.
RANCHO MIRAGE, Calif.--America’s Credit Union President/CEO Scott Simpson emphasized the importance of leagues to the credit union movement as leaders from key credit union organizations came together from across the country this week for the American Association of Credit Union Leagues (AACUL) Winter Conference.
WASHINGTON—The Defense Credit Union Council is pushing back against Sen. Elizabeth Warren’s scrutiny of overdraft practices, telling the Massachusetts Democrat that her recent criticisms overlook the core differences between credit unions and the big banks she often targets—and risk undermining services that military families rely on.
WASHINGTON—Americans added far less credit card debt this summer than they did a year ago, signaling that households may be regaining financial footing heading into the holiday shopping season, according to new projections released by WalletHub ahead of Friday’s Federal Reserve data.