LAKE FOREST, Ill.— Where are overdraft prices headed now? Not lower. After 12 straight quarters of declines, the downward trend in overdraft fees has finally come to a halt.
Fresh Today
MCLEAN, Va.--The 30-year fixed-rate mortgage dropped markedly this past week to 6.35%, Freddie Mac reported.
WASHINGTON—Consumer prices rose more sharply than anticipated in August, while jobless claims picked up pace—sending mixed signals to the Federal Reserve ahead of its policy meeting next week.
WASHINGTON--President Donald Trump has signed the Homebuyers Privacy Protection Act (H.R. 2808) into law, a win for credit unions’ continued efforts to protect the privacy of their members, America's Credit Unions said.
WASHINGTON--Credit union priorities were front and center at dozens of Capitol Hill meetings this week as America’s Credit Unions, leagues, and credit union advocates met with policymakers in conjunction with Congressional Caucus, ACU reported.
WASHINGTON—The American Bankers Association did not waste an opportunity Wednesday to criticize credit union bank acquisitions and their tax-exempt status during a Senate Banking Committee hearing on deposit insurance reform.
WASHINGTON--The Defense Credit Union Council Wednesday commended the U.S. House of Representatives for passing H.R. 3838 – Streamlining Procurement for Effective Execution and Delivery and the National Defense Authorization Act (NDAA) for Fiscal Year 2026 without the addition of the controversial Credit Card Competition Act (CCCA) amendments.
MIAMI—Consumers added $28 billion in credit card debt during the second quarter of 2025, according to WalletHub’s new Credit Card Debt Study. However, a Fed rate cut of 50 BPs could save borrowers almost $4 billion over the next 12 months, the company said.
NEW YORK— Amid ongoing economic and regulatory uncertainty, S&P Global Ratings projects that U.S. global systemically important banks (GSIBs) will maintain solid profitability, according to its newly released report, “U.S. Large Banks Q2 2025 Update: Stable Performance and Readiness for Evolving Challenges.”
NEW YORK—A newly identified banking trojan known as “RatOn” poses emerging risks for U.S. banks and credit unions, cybersecurity researchers warn.