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WASHINGTON—NAFCU has joined with a group of financial trade associations this week to request meetings with both the Treasury and the Federal Housing Finance Agency (FHFA) regarding the amendments to the Preferred Stock Purchase Agreements (PSPAs) for Fannie Mae and Freddie Mac (GSEs) and their affects on the housing market.

WASHINGTON—Total retail sales slid 1.1% in July, following June’s upwardly revised rise. Of note, the May number was also upwardly revised to a drop of 1.4 percentage points.

ARLINGTON, Va. —The National Association of State Credit Union Supervisors (NASCUS) focused on innovation and other issues during the second day of its State System Summit.

SNELLVILLE, Ga.–As credit unions provide financial education to young adults, the most effective message they can share is the “importance of now.”

MADISON, Wis.–A number of credit unions are reporting they have won grants that are being put to work in their communities.

LAKE JACKSON, Texas–This football season TDECU said it is partnering with University of Houston Athletics and Brothers in Arms to support of a scholarship program for minority student-athletes.

PHOENIX – Even as the financial services industry, including credit unions, increasingly invests in open banking, a new survey has found half of all Americans have never heard the term, but a vast majority agree with its central tenet that they should have control of their financial data.

BROOKFIELD, Wis.— Fiserv announced its Carat solution has expanded the digital payout options available to businesses to include payments to PayPal and Venmo accounts.

MADISON, Wis. – New performance data released around Wisconsin’s credit unions show the divide between large and small CUs is as evident at the state level as it is at the national level.

WASHINGTON—CUNA and NAFCU have joined with several organizations to support bill H.R. 4773 from Rep. Blaine Luetkemeyer (R-MO), which would replace the director of the Consumer Financial Protection Bureau with a bipartisan five-member commission.