WASHINGTON—With Congress out for October recess, discussions are getting underway this month to craft a final version of the FY2025 National Defense Authorization Act (NDAA) that Congress will vote on when it returns for a post-election lame-duck session.
Fresh Today
ALEXANDRIA, Va.—The Defense Credit Union Council (DCUC) is urging NCUA to “follow the lead” of the OCC and weigh in on the interchange law lawsuit in Illinois.
TEMPE, Ariz. –-The $1.7-billion TruWest Credit Union has named Chris Kearney president and chief executive officer, the organization reported.
WASHINGTON –The Fannie Mae Home Purchase Sentiment Index increased 1.8 points in September to 73.9, its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months, Fannie Mae reported.
TALLAHASSEE, Fla.—Following a natural disaster, a warm meal can mean just as much or more to people than a short-term loan, says First Commerce CU.
WASHINGTON—Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder of 2024.
NORTH HAVEN, Conn.—Members of the $1-billion Connex Credit Union have been standing in long lines and waiting on the phone for extended periods due to the CU’s recent core system conversion, CT Insider reported.
MENOMONIE, Wis.—The $1.9-billion WESTconsin Credit Union has named Jim Wookey CEO, the Baldwin Bulletin reported.
WASHINGTON—Credit unions can weigh in on the CFPB’s proposed rule to amend disclosure requirements for certain remittances (international money transfers), America’s Credit Unions noted.
OAKLAND—The $395-million Sea West Coast Guard Federal Credit Union has named Michael Kenny president/CEO, the CU reported.