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News
Mortgage Rates Rise To 6.76%
2+ day, 10+ hour ago (96+ words) CU Today MCLEAN, Va.âÂÂMortgage rates moved higher this week, with the average 30-year fixed-rate mortgage rising to 6.76%, according to Freddie Mac's latest Primary Mortgage Market Survey.The 30-year rate increased from 6.71% a week earlier and was also…...
Longtime Reliant CEO Pamela Heald To Retire in January
3+ day, 6+ hour ago (275+ words) CUToday SODUS, N.Y.âÂÂPamela Heald, who has spent more than 34 years with Reliant Community Federal Credit Union and has served as president and CEO since 2007, will retire in January 2027, the credit union announced Reliant said its board has launched…...
ACU???s Simpson Takes Interchange Fight To Washington Economic Forum
3+ day, 17+ hour ago (296+ words) WASHINGTON--The credit card interchange system should be protected, especially from policies like the Credit Card Competition Act, was the focus for America’s Credit Unions President/CEO Scott Simpson at a Washington event on the state of the economy Tuesday,…...
54 Credit Union Leaders Earn CUDE Designation
4+ day, 10+ hour ago (363+ words) cutoday.info MADISON, Wis.âÂÂThe National Credit Union Foundation has named 54 credit union leaders as the newest Credit Union Development Educators after they completed the FoundationâÂÂs Credit Union Development Education program Sept The weeklong, in-person program…...
VolCorp, Veep Announce EWA Agreement With Navigator Credit Union
1+ week, 5+ day ago (260+ words) NASHVILLE--Volunteer Corporate Credit Union and Veep, a leading AI-powered fintech, have agreed to a new partnership with Navigator Credit Union, based in Moss Point, Miss. This agreement brings Veep’s suite of earned wage access (EWA) solutions, including Anytime Pay,…...
FSB Warns Frontier AI Could Magnify Cyber Risks Across Financial System
1+ week, 5+ day ago (200+ words) CU Today BASEL, SwitzerlandâÂÂFrontier artificial intelligence could dramatically increase the speed, scale and affordability of cyberattacks, potentially undermining confidence across the global financial system, Financial Stability Board Chair Andrew Bailey warned G20 finance ministers and central bank governors Andrew…...
America???s Credit Unions Maps State-By-State AI Requirements
1+ week, 5+ day ago (129+ words) America’s Credit Unions Maps State-By-State AI Requirements CU Today WASHINGTON--A high-level overview of state-level artificial intelligence legislation that may impact credit unions is now available from AmericaâÂÂs Credit Unions, the trade group announced The new resource contains…...
$95M JAFCU Case Update: NCUA Says Stolen Funds Bought Luxury Home
2+ week, 18+ hour ago (252+ words) JACKSON, Miss.—Federal regulators allege former Jackson Area Federal Credit Union CEO Leigh Bridges and her husband bought their Jackson home four days after transferring $1.227 million in allegedly stolen credit union funds to a real-estate firm, WLBT reported. The NCUA…...
The Paycheck Is Changing???And Banking May Have To Change With It
2+ week, 3+ day ago (341+ words) The Paycheck Is Changing—And Banking May Have To Change With It CUToday NEW YORK--Millennialsâ increasingly irregular income could force banks and credit unions to rethink products built around the traditional paycheck, with only about 42% of employed Millennials…...
Gulf Winds CU Plans Bank Acquisition, Rebrand As TruWorth
2+ week, 3+ day ago (200+ words) PENSACOLA, Fla.— Gulf Winds Credit Union is pursuing the acquisition of Madison County Community Bank while preparing to adopt a new name, according to Tyfone. The Pensacola-based credit union plans to begin operating as TruWorth Credit Union in spring 2027. The…...