WASHINGTON—Two pieces of legislation impacting credit unions have been introduced by House Financial Services Ranking Member Maxine Waters (D-CA), America’s Credit Unions reported, noting it supports both bills.
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MERRITT ISLAND, Fla.—The proposed merger between $1.39-billion Launch Credit Union here and $1.36-billion Community Credit Union of Florida, based in Rockledge, has been called off, according to a joint release from both organizations.
ALEXANDRIA, Va. -- Assets and loans at federally insured credit unions rose at the median over the year ending in the third quarter of 2024, while shares and deposits declined, according to the latest NCUA state-level data.
CHENEY, Wash.—After leading the organization for 34 years, JoAn Sanders, CEO of $140-million Cheney FCU, will retire at the end of the year, the Spokane Journal reported.
WASHINGTON, D.C. –Rep. French Hill (R-AR), chair-elect of the House Financial Services Committee, has introduced the “Military Financial Services Protection Act of 2024.”
ST. PETERSBURG, Fla.— Debit transactions continued to outpace credit in November, as consumers hit record totals for online shopping, Velera reported.
LAWRENCEVILLE, Ga.—Used vehicle values increased in November, according to Black Book.
JACKSON, Miss.—Credit unions are taking action to block the CFPB’s new overdraft rule, America’s Credit Unions reported.
MADISON, Wis.—World Council of Credit Unions (WOCCU) has joined the Amazonia Finance Network (AFN), an alliance comprised of more than 50 international, regional and national financial organizations dedicated to promoting socioeconomic, environmental and sustainable development in the Amazon Region.
TROY, Mich.— Customers of the nation’s largest national bank brands have higher levels of confidence that their banks can meet their financial needs and support them in challenging times, which is helping to improve customer satisfaction and increase trust, a new study reveals.