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WASHINGTON–Mortgage rates dipped again last week to another recent new low, and some expect even bigger decreases are in line over the coming months. So far, the decline has not led to a significant boost in home buying.

LAWRENCE, Mass.–Merrimack Valley Credit Union (MVCU) has been recently ranked in Banker & Tradesman’s Fast Fifty of 2024.

CHADDS FORD, Pa.--Franklin Mint Federal Credit Union has elected Paige Simmons to its board of directors. 

WASHINGTON–The Defense Credit Union Council (DCUC) said it remains interested in meeting with members of Congress to explain why it is opposed to the Protecting Consumers from Payment Scams Act, which if enacted would expand the scope of the Electronic Fund Transfer Act (EFTA).

WASHINGTON–Credit unions, and specifically those who represent CUs on Capitol Hill, are increasingly fielding questions challenging the credit union tax exemption, and one person does not expect the attention will be letting up anytime soon.

DUBLIN, Ohio–Member data from the ransomware attack on Patelco Credit Union is now available for sale online after the hackers said they were unable to reach an agreement with the credit union, according to a new report that also indicates the number of people potentially affected is larger than initially reported.

TAMPA–GTE Financial Credit Union said it has launched a new “Student Perks” program for members 16 and up.

BOULDER, Colo.–Elevations Credit Union has partnered with the 5430 Alliance to open up savings accounts for the children of football players at the University of Colorado. In all, eight Buffaloes players have children and the accounts have been opened with $2,121 in each account.

WASHINGTON—America’s Credit Unions is encouraging CUs to submit feedback on a proposed joint rule that would establish data standards to promote interoperability of financial regulatory data across the agencies.