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WASHINGTON– Mortgages rates hit their highest level in more than a decade last week. This increase follows the continued surge in the 10-year Treasury, which crossed the 2.8% mark for the first time since December 2018.

BOWLING GREEN, Ky.–Service One Credit Union here said it has entered into an agreement with MidWest America FCU to assume ownership of branches in Scottsville and Hopkinsville, Ky., both of which are in the southern part of the state just north of Tennessee.

LAKE FOREST, Ill.—Overdraft fees are dominating the financial news at present, but they go a long way back--as a quick history of overdrafts shows.

WASHINGTON–Consumers in America’s rural communities lack access to physical financial institution branches, are more likely to seek credit from nonbanks, and are heavily affected by medical bills, according to a new report from the Consumer Financial Protection Bureau.

Earlier this year I was sitting in on a good-sized meeting made up almost entirely of credit union volunteers, when one man stood and shared how his daughter had looked a new picture of the board on which he served and reacted, “Holy crap, dad! Are you a board of old white men?”

TRAVERSE CITY, Mich.––4Front Credit Union said it continues to expand across Northern Michigan with the addition of three new branches.

RADCLIFF, Ky.– Abound Credit Union is reporting it delivered more than $23.8 million in direct financial benefits to its more than 117,000 members through lower loan rates, lower fees and higher earnings on deposits.