Fresh Today

Fresh Today

WOODBRIDGE, Va.–The $320-million Belvoir FCU said it will merge into the $20-billion PenFed Credit Union effective May 1.

RANCHO CUCAMONGA, Calif.–CO-OP Financial Services has added three new speakers it said will help attendees at its THINK 16 event deliver the technology and sense of social purpose to fulfill the fast-evolving credit union promise to members.

MADISON, Wis. – Today marks the launch of National Credit Union Youth Month. Sponsored by CUNA, this year’s theme is “Credit Union Strong.”

WASHINGTON—The CFPB will delay finalization of its proposal on prepaid products, possibly until May or June, according to several reports.

ARLINGTON, Va.–PenFed Credit Union here said it is partnering with CU Direct and its CUDL Network to help it increase lending while enhancing overall efficiencies.

WASHINGTON–Fannie Mae’s first quarter 2016 Mortgage Lender Sentiment Survey, conducted in February, shows that the share of mortgage lenders reporting easing credit standards over the prior three months fell for the second straight quarter.

WASHINGTON—A Government Accountability Office report suggests that Congress should consider changes in regulatory structure to address overlap, for example, through consolidation of federal agencies that oversee depository institutions’ safety and soundness.