WASHINGTON--Credit unions saw a legal victory with the U.S. Court of Appeals for the Fourth Circuit ruling to overturn a district court decision that a credit union was liable for both compensatory and punitive damages due to fraud perpetrated by a member of the credit union, America's Credit Unions reported.
QUANTICO, Va.—During a visit to Quantico Marine Corps Base today, Vice President J.D. Vance recounted a personal story about how the Marines helped him avoid "one of the worst financial decisions" and guided him toward Navy Federal Credit Union for assistance.
WASHINGTON--The Defense Credit Union Council has added Railway Credit Union as its newest affiliate member.
CARROLTON, Texas--Valwood Park Federal Credit Union here is once again under the control and direction of its members, the National Credit Union Administration announced.
RALEIGH, N.C. – The North Carolina House of Representatives Wednesday passed House Bill 187, a measure intended to expand financial service options in areas facing severe bank branch closures, the Carolinas CU League reported, noting it supports the legislation.
SPOKANE VALLEY, Wash.—The $5-billion Numerica Credit Union is laying off 25 employees, or 3.5% of its workforce, as part of internal structuring, the CU announced.
WASHINGTON — Mortgage applications decreased 2.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.
WASHINGTON—The Defense Credit Union Council, in a letter to Treasury Secretary Scott Bessent, is asking the department for an update on its commitment to providing recommendations regarding the Community Development Financial Institutions (CDFI) Fund Executive Order to the White House.
WASHINGTON—As part of the ongoing credit union efforts to engage with the Administration on the future of the Community Development Financial Institutions (CDFI) Fund, America’s Credit Unions Chief Advocacy Officer Carrie Hunt and Inclusiv President/CEO Cathie Mahon and other CDFI stakeholder groups met with Office of Management and Budget Associate Director Mark Calabria Tuesday.
WASHINGTON--The data is clear: Credit unions of all sizes are dedicated to Main Street, making a positive impact on households in ways that big and community banks do not, America's Credit Unions reported.
