NORTH LITTLE ROCK, Ark.--A former executive of People Trust Community FCU has asked a federal court to lift NCUA’s conservatorship of the $3.3-million People Trust Community FCU here, arguing the agency relied on an incomplete record, ignored vendor failures, and acted amid alleged conflicts of interest.
Fresh Today
WASHINGTON--President Donald Trump and Treasury Secretary Scott Bessent detailed further information about Trump Accounts during a launch event for the program Wednesday. A microsite also launched ahead of the program’s July 5 start date, America's Credit Unions reported.
WASHINGTON--Reports in Bloomberg Law indicate the CFPB will go through the full rulemaking process on Section 1033.
WASHINGTON--This week, the Defense Credit Union Council submitted four comment letters to NCUA in response to the agency’s first round of regulatory relief proposals.
ALEXANDRIA, Va.-- NCUA will host a free, one-hour webinar on Thursday, Feb. 19, at 2 p.m. ET to discuss its 2026 supervisory priorities, the agency announced.
WASHINGTON— In a widely anticipated move, the Federal Reserve Wednesday held its benchmark federal funds rate steady at a target range of 3.5% to 3.75%, citing continued solid economic activity, low job gains, and inflation that remains somewhat elevated.
GREENSBORO, N.C.--Vizo Financial Corporate Credit Union continued to prioritize credit union education in 2025. A record number of events held, heightened attendance and the completion of the corporate’s first year offering education rewards led to a very successful year, Vizo said.
DETROIT — General Motors posted weaker 2025 earnings, citing slipping revenue and multibillion-dollar electric-vehicle charges — another signal of softening EV demand in the U.S. market.
WASHINGTON — Senate Republicans and Democrats are entering a critical round of in-person negotiations Wednesday aimed at averting a partial government shutdown before federal funding expires at 12:01 a.m. Saturday, though prospects for a last-minute deal remain uncertain.
WASHINGTON — Mortgage applications decreased 8.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Jan. 23.