Fresh Today

CHICAGO—Auto originations were up 1.5% YoY in Q4 2024, although they still lagged 14.8% below the pre-pandemic Q3 2019. Super prime borrower originations led the way, up 8.5% YoY for the quarter, TransUnion reported.

LAKE TAPPS, Wash.— CEO Advisory Group, a leading financial services consulting firm, has released a white paper titled "What Credit Unions Need to Know About Bank Acquisitions: Part 1 - How to Get Started."

SCOTTSDALE, Ariz.—Despite a fragile economy, unpredictable interest rates, and a burdensome regulatory environment, a new study by Cornerstone Advisors reveals 80% of bankers are optimistic about 2025.

DUNEDIN, Fla.—The $2.9-billion Achieva Credit Union has named Eric Jenkins president and CEO, succeeding Gary Regoli, who is retiring after 17 years with the financial institution, Tampa Bay Business and Wealth reported.

LAS VEGAS— Fintech Meetup 2025 takes place March 10-13 at the Venetian here.

MIAMI—New data on credit card debt is scheduled to be released by the Federal Reserve on Friday afternoon, and WalletHub is projecting an $85 billion annual increase on an inflation-adjusted basis.

WASHINGTON—Recognizing the growing and impending threat to credit unions’ tax exemption, the Defense Credit Union Council is rallying support from its members to send letters to Capitol Hill about why the tax break should be preserved.

WASHINGTON—President Trump on Friday signed an executive order that aims to eliminate seven federal agencies—including the Community Development Financial Institutions Fund (CDFI).

WASHINGTON--A self-described “raving credit union fan,” Senate Banking Committee Chair Tim Scott (R-SC) shared his priorities for the committee Wednesday at the Governmental Affairs Conference, part of a fireside chat with the Carolinas Credit Union League, America's Credit Unions reported.