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WASHINGTON—In follow up to a letter sent to House and Senate leaders at the start of the 116th Congress, NAFCU Vice President of Legislative Affairs Brad Thaler has elaborated on the details of the association's 2019 priorities, including action items necessary to achieve them.

ARLINGTON, Va.—Data from the Census Bureau show new home sales increased 3.7% in December, but NAFCU Chief Economist and Vice President of Research Curt Long notes the gains are against a sizable downgrade to November's sales, which were revised downward to 599,000 from 657,000.

WASHINGTON—The current rising rate environment in which spreads are slim demand credit unions take additional risk to manage the bottom line, says Evan Clark.

NEW YORK—As tax season arrives, some consumers may find they owe money for a credit card perk. If cardholders have received a bonus from their credit card company for successfully referring friends or family for new cards, they may owe taxes on that bonus.