Fresh Today

WASHINGTON--Navy Federal Credit Union (Souda Bay) and Topside Credit Union (Potomac, Dahlgren) have been selected by the Department of the Navy as the 2024 Air Force Distinguished Credit Unions of the Year, the Defense Credit Union Council reported.

WASHINGTON—Count America’s Credit Unions among those supporting the CFPB’s unexpected decision to terminate its consent order against Navy Federal Credit Union over alleged overdraft abuses.

MCLEAN, Va.--The 30-year fixed-rate mortgage continues to move up, averaging 6.75% this past week, according to Freddie Mac.

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.”