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ARLINGTON, Va.—Total vehicle sales decreased to a rate of 17.2 million annualized units in June, and NAFCU Chief Economist and Vice President of Research Curt Long said he expects auto sales will remain steady for the remainder of 2019.

CORNING, N.Y.–The Education Credit Union Council has launched an updated website, saying it has made it easier for school and university credit unions to join the network and connect.

ALEXANDRIA, Va.–More than half of credit unions participating in a voluntary self-assessment said they have made a “leadership/organizational” commitment to diversity at their institutions, according to NCUA.

WASHINGTON—Student loan provider Sallie Mae is expanding into credit cards.

WASHINGTON—New data shows a continuation of slowing loan and membership growth, with credit union memberships increased just 0.31%, the slowest May increase since 2014. Moreover, loan portfolios were up just 0.57%, the weakest May loan growth since 2011 (shortly after the 2009 recession), according to CUNA’s Monthly Credit Union Estimates for May.

WASHINGTON—The U.S. economy added nearly a quarter-million jobs during June, bouncing back from weak numbers one month prior and perhaps causing the Fed to pause any potential rate cuts.

NEW YORK—It might be a few years until everyone is using global fifth-generation cellular wireless (5G) technology, but experts at Deloitte are predicting the new iteration of wireless could make an impact by the end of this year, especially in banking.

WASHINGTON— CUNA has submitted a letter to the Consumer Financial Protection Bureau that calls for “substantive amendments” to the Bureau’s Remittance Rule. The letter is a response to a request for information issued by the CFPB in April.

ALEXANDRIA, Va. – NCUA issued one prohibition order in June. The individual is prohibited from participating in the affairs of any federally insured financial institution.

ARLINGTON, Va.—According to the Commerce Department's final estimate for the first-quarter, the U.S. economy grew 3.1% – growth which NAFCU Chief Economist and Vice President of Research Curt Long called "solid,” but he continues to predict a downturn.