WASHINGTON — Repeated government funding fights are likely to slow — and potentially reshape — how credit-union priorities move through Congress this year, according to Jason Stverak, chief advocacy officer at the Defense Credit Union Council.
Fresh Today
LAKE TAPPS, Wash.—The third quarter of 2025 surfaced an earnings statistic that surprised many industry observers: A meaningful share of merged credit unions reported negative ROAA, while acquired bank targets appeared far more consistently profitable, pointed out Glenn Christensen.
PANAMA CITY, Fla. The $654-million Innovations Financial Credit Union has named Scott Gladden president and Chief Executive Officer, the organization announced.
WASHINGTON — As the state of Washington’s new tax on credit union bank acquisitions officially takes effect, longtime dealmaker Michael Bell says the law is already achieving the opposite of what lawmakers may have intended.
MINNEAPOLIS, Minn.--The Minnesota Timberwolves and Minnesota Lynx on Wednesday announced a multiyear partnership naming Wings Credit Union the official credit union of both franchises.
WASHINGTON--The $38-million Connection Credit Union has become the newest member of the Defense Credit Union Council, the trade group announced.
WASHINGTON—The Securities and Exchange Commission on Friday announced the appointment of NCUA Chairman Kyle Hauptman to the board of the Public Company Accounting Oversight Board (PCAOB)—placing the sitting credit union regulator into a key federal audit-oversight role at a moment of transition for both agencies.
WASHINGTON — Federal Reserve Governor Christopher J. Waller said he dissented at the most recent Federal Open Market Committee meeting after concluding a 25-basis-point rate cut was warranted, arguing monetary policy remains restrictive amid a weakening labor market.
WASHINGTON—The Consumer Financial Protection Bureau plans to resume examinations in 2026, but at a dramatically lower volume and with a narrower scope, Bloomberg Law reports.
LIVE OAK, Texas — Randolph-Brooks Federal Credit Union here and True Sky Federal Credit Union have agreed to merge, a move that would combine the two institutions under the Randolph-Brooks Federal Credit Union name, according to a joint announcement.