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ST. PETERSBURG, Fla.–The new year continues to see strong performance in purchase volume on credit union credit and debit cards, according to PSCU.

Real-time payments are just that – the authorization, settlement and movement of funds from the sender’s account to the recipient’s account within seconds, or in real time.

ARLINGTON, Va.–What can credit unions expect from new leadership in the Senate Banking Committee as well as from Congress overall regarding the CU tax exemption?

EVANSVILLE, Ind.–A professor at a university here has published an opinion piece in a local newspaper in which he argues credit unions no longer deserve their federal tax exemption.

WASHINGTON—Credit union loans outstanding grew 0.05% in November, compared to a 0.11% increase in October and a 1.54% increase in November of 2019, according to CUNA’s Monthly Credit Union Estimates.

ARLINGTON, Va.—Existing-home sales rose 0.7% in December to a seasonally-adjusted rate of 6.76 million units, representing a 22.2% increase in sales versus a year ago. The existing-home sales in 2020 were at their highest level since the Great Recession.

NAPERVILLE, Ill.–The Illinois Credit Union System (ICUS) and LSC donated more than $165,000 to charitable organizations in 2020 to support credit unions and communities both locally and nationally.

ARLINGTON, Va.—NAFCU has released a new resource summarizing the Anti-Money Laundering Act of 2020 and Corporate Transparency Act provisions included in the fiscal year 2021 National Defense Authorization Act.

PHOENIX–Desert Financial Credit Union said it is paying out a $14 million Member Giveback Bonus. The credit union returned $12 million to members last year, and over the last four years has returned $39 million to members through the program.