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WETHERSFIELD, Conn.–Dutch Point Credit Union said it has become the first in the state to offer members a new Convertible HELOC, which it said offers cost savings and flexibility in a high-rate environment.

MINNEAPOLIS–Even though national banks issue 68% of all consumer credit cards, a quarter of consumers say they would likely choose a credit union or community bank for their next card, according to a new study.

WASHINGTON—The Federal Reserve has announced pricing, effective Jan. 2, 2024, for payment services Fed banks provide to banks and credit unions, such as the clearing of checks, automated clearing house (ACH) transactions, and wholesale payment and settlement services.

NEW YORK—New research has found half of U.S. consumers tried using a new payment method in the past year, and 16% switched to a new one.

WASHINGTON–Total mortgage origination volume is expected to increase to $1.95 trillion in 2024 from the $1.64 trillion expected in 2023, according to a new forecast from the Mortgage Bankers Association (MBA).