ALBANY, N.Y.—The New York State Department of Financial Services on Wednesday ordered banking institutions to deploy blockchain analytics to help detect and prevent illicit activity, citing rising engagement with digital assets, The Block reported.
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WASHINGTON—The Federal Reserve on Wednesday cut its benchmark interest rate by 25 basis points to a new target range of 4% to 4.25%, a widely anticipated move that analysts say could provide relief to credit union auto loan portfolios and support the broader economy.
WASHINGTON—Mortgage applications increased 29.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Sept. 12.
TOPEKA, Kans. – The chairman of Envista Credit Union, Daniel Gene Ramsey, was arrested Thursday evening in Shawnee County on a charge of sexual battery, This is Topeka reported, citing court and jail booking records.
State-Level Data Show Credit Unions Strengthening Balance Sheets; Small CUs Face Membership Declines
ALEXANDRIA, Va.—Credit unions posted stronger balance sheets in the second quarter of 2025, with assets and deposits rising nationwide even as loan growth edged down slightly, according to new state-level data from NCUA.
NEW YORK— JPMorgan Chase and Plaid have renewed their data access agreement, ensuring shared customers can continue to securely use essential financial products, the organizations stated in a joint release.
WASHINGTON--Following a recent a social media post from Federal Home Finance Agency (FHFA) Director Bill Pulte saying the FHFA wants to ensure credit unions “are not creating risks that we do not see,” America’s Credit Unions President/CEO Jim Nussle reached out to Pulte to emphasize credit unions as a safe and sound solution.
WASHINGTON--America’s Credit Unions voiced support for fair access to financial products and services as outlined in a recent Executive Order, while also urging the Small Business Administration (SBA) to clarify key requirements in its recent debanking letter to lenders.
FISHERS, Ind.— Credit unions are facing mounting pressure to deliver the sleek digital experiences business members increasingly expect—without sacrificing the personalized service that sets them apart.
WESTBROOK, Maine—Maine Credit Unions have released a new video to warn Mainers—especially older adults—about the alarming rise in fraud.