RIVERDALE, Utah—In one of the largest credit union bank buys to date, the $22-billion America First Credit Union here has agreed to buy the $1.35-billion Meadows Bank, based in Las Vegas.
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WASHINGTON--To combat criminals’ exploitation of non-Internet Protocol (IP) networks and bolster the efficacy of STIR/SHAKEN, America’s Credit Unions and a group of financial trade organizations are urging the Federal Communications Commission (FCC) to have non-IP providers transition to IP within one year.
WASHINGTON--Credit union loans outstanding increased by 0.48% in May, compared to a 0.2% increase in April and a 0.14% increase in May 2024, according to . America’s Credit Unions’ latest Monthly Credit Union Estimates.
WASHINGTON—President Donald Trump Wednesday did not rule out trying to remove Federal Reserve Chair Jerome Powell, whom he has blasted for keeping interest rates high, but said it was “very unlikely” that he would do so, POLITICO reported.
STOCKHOLM, Sweden—In a year defined by greater political polarization, more uncertainty and volatility in global markets and an expanded role of government that creates the potential for increased regulations—World Council of Credit Unions (WOCCU) Interim President and CEO Paul Treinen sees opportunity for credit unions.
APPLETON, Wis.—Eight people have been charged in connection to a large-scale fraud scheme that defrauded local credit unions out of nearly $200,000, Yahoo News reported.
MANCHESTER, N.H.—The $619-million Bellwether Community Credit Union has unveiled a new brand identity anchored by the tagline “Banking with Heart.”
WASHINGTON—The GENIUS Act appears to be moving ahead in the House. Following a round of pressure from President Donald Trump, momentum is shifting in the House of Representatives, Fast Company reported.
WASHINGTON—In a coordinated push to shape federal policy on multiple fronts, the Defense Credit Union Council recently submitted letters to Congress and regulators addressing four critical areas: combatting AI-enabled financial fraud, strengthening veteran mortgage protections, advancing digital asset regulation, and urging reform of NCUA’s fair lending oversight.
WASHINGTON—Mortgage applications decreased 10.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 11, 2025.