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CHICAGO–Alliant Credit Union is reporting its loan trading desk sold $470 million in commercial and consumer loan participations during 2022 through 25 transactions, up 74% from 2021.

ST. LOUIS–A new survey suggests credit unions not only have an opportunity to help members with moving expenses, but perhaps also with expenses for moving back.

NEW YORK—As credit card debt hit an all-time high of just shy of $1 trillion in the final three months of 2022, delinquencies among borrowers also accelerated.

AUSTIN, Texas–A new bill before the Texas legislature that calls for “a master plan for the expansion of the blockchain industry” could turn the state into the cryptocurrency capital of the country by introducing tax-free shopping with bitcoin, among other proposals, according to a new report.

NEW YORK—The nation’s two biggest banks are reporting rising delinquency rates on their credit cards. The announcements are in keeping with what is being seen elsewhere. As CUToday.info reported here, the Federal Reserve Bank of New York has released new data showing card delinquencies are rising.

WASHINGTON–Newly released minutes from the Federal Reserve’s most recent meeting shows nearly all of the policymakers supported the decision to continue to slow the pace of interest rate hikes, but also indicated that curbing inflation will remain the “key factor” in how much longer (and how much higher) the rate increases will continue.

ALBUQUERQUE, N.M.—Sandia Laboratory FCU hosted its 83^rd blood drive since 2004 at its corporate headquarters