MADISON, Wis.–Credit union loan growth has slowed significantly in 2024 and will likely remain slow through 2025, although there is a potential lending growth opportunity as banks tighten underwriting standards, according to TruStage’s June Trends Report, which is based on data through April.
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WASHINGTON—Karen Harbin, president/CEO of Commonwealth Credit Union, is scheduled to testify Friday at a House Financial Services subcommittee field hearing on the use of fintech to increase access to financial services.
MINNEAPOLIS, Minn.–NCUA Chairman Todd Harper told the agency’s fifth annual Diversity, Equity and Inclusion Summit here that as the economic divide expands, DEI has never been more important and that credit unions have a critical role to play.
WASHINGTON— The Consumer Financial Protection Bureau has proposed new rules it says will make it easier for homeowners to get help when they are struggling to pay their mortgage.
BURNS HARBOR, Ind.–Allegius Credit Union said it has selected a new president and CEO to succeed Ken Zagrocki, who the credit union said has “served with distinction.”
SACRAMENTO, Calif.—July 1 marked an important date for credit card companies when it comes to requirements related to recording firearms purchases.
Airport Restaurant and Retail Association Joins Group Backing Passage of Credit Card Competition Act
WASHINGTON– The Merchants Payments Coalition—which strongly supports the Credit Card Competition Act in Congress that credit unions equally strongly oppose—announced it has added a new member: the Airport Restaurant and Retail Association.
ROANOKE, Va. – Roanoke Valley Community Credit Union is reporting it is following up loan growth of 37.2% in 2023 with a strong start in 2024.
MILWAUKEE, Wis. – Corporate Central Credit Union said it is now “revolutionizing the payments landscape” with cutting-edge ACH solutions, including its Beastro platform.
TAMPA, Fla. –Tim Tebow, who won the Heisman Trophy while playing quarterback for the Florida Gators, will be the special guest and keynote speaker at the inaugural CMN Night of Miracles Gala, benefiting Children’s Miracle Network Hospitals.