Fresh Today

Fresh Today

BUTLER, Pa.—The $600-million Armco Credit Union here intends to merge with $27-million Corry Jamestown CU in June, WPXI reported.

WASHINGTON—Fannie Mae’s Economic & Strategic Research (ESR) Group is “pulling back the curtain” on key factors affecting the 30-year mortgage rate—and its somewhat unpredictable movements late this year.

TALLAHASSEE, Fla.—The League of Southeastern Credit Unions & Affiliates and the Virginia Credit Union League have formally adopted their new identity: The League of Credit Unions & Affiliates.

MADISON, Wis.—There is good and bad news for credit unions in the latest TruStage Credit Union Trends Report: Equity levels are soaring and CU loan-to-savings ratios are expected to remain above 85% in 2025 for the third year in a row. However, the industry’s mainstay—used auto lending—continues to struggle.

PARSIPPANY, N.J.— The $436-million Garden Savings FCU here plans to merge in $94-million Pinnacle FCU, headquartered in Parlin, NJ.