Great Lakes CU To Combine With CMECU 11/13/2024 12:41 pm BANNOCKBURN, IL.— The $1.6-billionGreat Lakes Credit Union here and $59-million Chicago Municipal Employees Credit Union, based in Chicago, have agreed to merge, the organizations announced.
TransUnion: Consumer Credit Growth Stabilizing 11/13/2024 07:00 pm CHICAGO—Consumer credit balances continued to grow across all credit products during the third quarter of 2024, but in many cases, that growth has slowed, TransUnion reported.
DCUC Tells Senate Committee It Opposes Proposals Targeting Credit Card Interchange Rates 11/13/2024 07:37 pm WASHINGTON—The Defense Credit Union Council (DCUC) has sent a letter to Senate Judiciary Committee Chairman Dick Durbin (D-IL) and Ranking Member Lindsey Graham (R-SC) stating the trade group’s opposition to legislative proposals targeting credit card interchange rates.
Mortgage Applications Increase For First Time In Seven Weeks 11/13/2024 07:01 pm WASHINGTON — Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 8, 2024.
Keesler FCU Reaches Across State Lines To Merge With Jefferson Financial 11/13/2024 10:12 pm BILOXI, Miss.—The $4.1-billion Keesler Federal Credit Union here and $716-million Jefferson Financial FCU, based in Metairie, La., have agreed to merge, the credit unions reported.
ACU Shares CU Priorities As Lawmakers Return To Washington 11/13/2024 07:06 pm WASHINGTON—Lawmakers are back on Capitol Hill for the final weeks of the 118th Congress, and issues that may be addressed in the lame duck session include both credit union priorities and bills of concern, America’s Credit Unions noted.
