WASHINGTON— Mortgage applications increased 12.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 6, 2025.
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BIRMINGHAM, Ala.—CEO Derrick Ragland Jr. will retire from the $3.6-billion Southern Energy Credit Union and the end of September, the credit union announced.
WASHINGTON--Funding levels for the Community Development Financial Institutions (CDFI) Fund and Community Development Revolving Loan Fund (CDRLF) are the focus of multiple letters sent to Congress by America’s Credit Unions ahead of Treasury Secretary Scott Bessent’s budget testimony Wednesday before a Senate Appropriations Subcommittee.
WASHINGTON--Two senators have introduced a bill to establish a task force to combat payment scams, America's Credit Unions reported.
WASHINGTON—Acting Comptroller of the Currency Rodney Hood this week reaffirmed that the OCC’s federal preemption regulations over state laws are valid.
MINNEAPOLIS, Minn.— Arise Community Credit Union plans to open its doors for business next week on Juneteenth, the Association for Black Economic Power announced.
CHADDS FORD, Pa.—The $1.8-billion Franklin Mint FCU here has agreed to merge in $300-million Benchmark Federal Credit Union based in West Chester, Pa., the credit unions announced in a joint release.
ARLINGTON, Va. — The National Association of State Credit Union Supervisors (NASCUS) is now accepting nominations for the 2025 Pierre Jay Award, the association’s highest honor recognizing exceptional service and leadership within the state credit union system.
WASHINGTON--In a busy and possibly pivotal week on Capitol Hill, the Defense Credit Union Council has been active, sending several letters to Congress.
WASHINGTON—With Sen. Roger Marshall’s (R-KS) efforts to add the Credit Card Competition Act to the GENIUS Act apparently failing, the next step for the Senator is the National Defense Authorization Act, acknowledged America’s Credit Unions and the Defense Credit Union Council.