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ST. LOUIS–High interest rates have become the number-one obstacle between Millennials and home ownership, according to a new survey of 1,000 homebuyers.

WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has released the application data for the fiscal year (FY) 2022 round of its CDFI Equitable Recovery Program (CDFI ERP).

NEW YORK – Inclusiv has introduced the Financial Inclusion Technology (FIT) Center, which it said is designed to expand financial inclusion in member credit union communities. 

MEMPHIS, Tenn.– What credit unions and banks can expect from the Consumer Financial Protection Bureau (CFPB) is the subject of a new report.

SAN JOSE, Calif.— PayPal’s international money transfer service, Xoom, has a new product that lets users in the United States send money directly to Visa debit card users.

HARAHAN, La.–Less than a year after joining the Louisiana Credit Union League as its new CEO, Matt Rookard has left the organization.

RAPID CITY, S.D.–Jennifer Walz, who began her career as a part-time teller with Minuteman Credit Union, has now been named its new president and CEO—succeeding her mother in the position.

RALEIGH, N.C.–Some changes being made—especially around risk-based lending—and other moves put in motion by the new CEO at the nation’s second-largest credit union have drawn the attention of local media in this state.

MADISON, Wis.—CUES said it will be honoring Black History Month 2023 by providing content and updated resources on cues.org and CUmanagement.com. That content will celebrate diversity and honor and educate on the legacy of Black Americans, CUES said.

ALEXANDRIA, Va.—CUNA President/CEO Jim Nussle, EVP/Chief Advocacy Officer Robert Lewis, and Deputy Chief Advocacy Officer for Federal Government Affairs Jason Stverak met with NCUA Chairman Todd Harper to discuss credit union priorities.