WASHINGTON– “Passing this bill is about keeping our promise to veterans, honoring their service, and empowering them to succeed as business owners and community leaders,” says the Defense Credit Union Council (DCUC) and The American Legion.
Fresh Today
LAWRENCEVILLE, Ga.–Used vehicle values were flat in December, Black Book reports.
WASHINGTON — A new Urban Institute research report finds that the Federal Home Loan Bank System is a key driver of lending growth for credit unions, with access to advances and system membership leading to higher total and real estate lending, particularly since the 2008 financial crisis.
NORFOLK, Va. — A Virginia Beach man was sentenced to 45 years in federal prison for orchestrating a sweeping identity-fraud and auto-loan scheme that defrauded Navy Federal Credit Union and harmed multiple victims, authorities said.
LAWRENCEVILLE, Ga.—After years of volatility that upended auto lending assumptions, Black Book says 2026 will mark a long-awaited return to stability in vehicle values—but not a return to simplicity.
WASHINGTON—As Washington’s credit card debate intensified last week, the Defense Credit Union Council moved quickly to brief its members, while also convening a Jan. 16 meeting to walk member credit unions through fast-moving legislative, regulatory, and political developments—and to map out what could come next on Capitol Hill.
WASHINGTON—The Defense Credit Union Council Tuesday submitted a letter to House Financial Services Committee leadership outlining its views on legislative proposals scheduled for consideration during the Committee’s hearing, “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration.”
ST. PETERSBURG, Fla.--Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced it will provide Financial Center with debit and credit card processing services.
WASHINGTON--Credit union loans outstanding increased 0.23% in November, compared to a 0.24% increase in October, and a 0.13% increase in November 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
WASHINGTON — New data from credit card issuers accounting for roughly 75% of the market shows that a proposed 10% federal credit card interest rate cap would significantly reduce access to credit for millions of consumers nationwide, and even those with good credit scores who pay their bills on time will be affected by the rate cap.