WASHINGTON — A bid by the Office of the Comptroller of the Currency to sidestep state laws requiring national banks to pay interest on mortgage escrow accounts is being blasted as an unlawful attempt to revive broad federal preemption powers curtailed after the financial crisis, state regulators and consumer advocates told Bloomberg Law.
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WASHINGTON--Congress approved a bipartisan spending package Tuesday that funds more than 95% of the federal government through September and ends the partial shutdown that began early Saturday.
WASHINGTON--With a goal of gathering direct input from small credit unions to better target advocacy efforts, America’s Credit Unions’ Small Credit Unions Advocacy Advisory Panel met for the first time Tuesday. Consisting of 30 leaders from across the country, the group was formed in response to strong interest from small credit unions seeking greater involvement in shaping policy priorities.
WASHINGTON--In advance of Treasury Secretary Scott Bessent’s scheduled testimony before the House Financial Services Committee Wednesday, America’s Credit Unions highlighted multiple credit union issues under the Treasury’s purview in a letter to committee members.
NEW YORK — Delfi Labs Inc., an AI-driven balance sheet analytics firm, has launched a new credit union service organization led by One Washington Financial (OWF), the holding company of Washington State Employees Credit Union, with Maps Credit Union joining as an early investor and user of the platform.
NEW YORK--Financial institutions are confronting a fast-moving trust crisis driven by artificial intelligence, deepfakes, and digitally networked criminal groups—forces that are rapidly outpacing traditional compliance defenses, according to the Association of Certified Anti-Money Laundering Specialists’ Global AFC Threats Report 2026, as reported by Bank Info Security.
NEW YORK--At a time of sticky inflation and a softening job market, fewer than half of Americans (47%) say they could cover a $1,000 emergency expense with sufficient cash or accessible funds, according to Bankrate’s latest Emergency Savings Report.
TAMPA-- Velera Tuesday announced it will provide 7 17 Credit Union with debit and credit card processing services and support.
LAS VEGAS — TransUnion says strong consumer intent to buy vehicles in 2026 signals meaningful lending opportunities for auto finance providers, even as affordability pressures persist and market conditions remain uneven.
NOTRE DAME, Ind. — Notre Dame FCU has agreed to acquire Catholic United Financial Credit Union in a merger that would create a $1.4-billion institution serving roughly 70,000 members across Indiana and the Upper Midwest, NDFCU announced.