Credit Union Industry News
The latest credit union industry news — mergers, technology, regulation, and community impact — updated throughout the day.
- U.S. Adds 162,000 Jobs As Fed Rate-Hike Odds Rise — WASHINGTON—U.S. employers added 162,000 jobs in August, nearly tripling economists’ expectations, while the unemployment rate remained at 4.1%, according to the Bureau of Labor Statistics.…
- GAO Urges Congress to Close Bank Disclosure Oversight Gap — WASHINGTON—The Government Accountability Office is urging Congress to reconsider who reviews investor disclosures from publicly traded banks without holding companies, finding those institutions are…
- ESCUD Warns Vendor Oversight Bill Would Raise Small CU Costs — KENNEWICK, Wash.—The Endangered Small Credit Union Defense (ESCUD) is urging the House Financial Services Committee not to advance legislation that would restore permanent NCUA examination authority…
- Former Teller Gets Three Years For $1.5M Credit Union Embezzlement — SIOUX CITY, Iowa—A former Consumer Credit Union head teller was sentenced to three years in federal prison for participating in an embezzlement scheme that stole nearly $1.5 million and forced the…
- ACU Webinar Outlines Credit Union Stakes, Strategy In Midterm Elections — WASHINGTON--November’s election is a consequential one for credit unions, and America’s Credit Unions President/CEO Scott Simpson and Head of Political Affairs Trey Hawkins detailed credit unions’…
- NCUA Slashes Security Cost At Former JAFCU CEO’s Home By 83% — JACKSON, Miss.—The NCUA has cut the cost of round-the-clock security at former Jackson Area Federal Credit Union CEO Leigh Bridges’ home by more than 80%, reducing the expense from $3,600 to $600…
- Deseret First Names Vernon CEO As London Retires — WEST VALLEY CITY, Utah—Deseret First Credit Union has named Annalesa Vernon president and CEO, effective Jan. 4, 2027, succeeding Shane London, who is retiring after 46 years with the credit union,…
- Sierra Central, First U.S. Community Announce Merger — YUBA CITY, Calif.—Sierra Central Credit Union and First U.S. Community Credit Union have announced plans to merge, creating a Northern California credit union with more than $2 billion in assets,…
- Report: Most Companies Can’t Measure Returns On Customer Service AI — PALO ALTO, Calif.—Financial institutions and other companies are rapidly deploying artificial intelligence across customer service operations, but few can demonstrate that those investments are…
- Waller Open to Holding Rates Steady, But Warns Hike Is Possible — WASHINGTON—Federal Reserve Gov. Christopher Waller said Thursday he would support holding interest rates steady this month if upcoming data show inflation continues to ease, but warned that an…
- Mortgage Rates Rise To 6.71%, Remain Above Year-Ago Level — MCLEAN, Va.—The average rate on a 30-year fixed-rate mortgage increased to 6.71% this week, up from 6.66% a week earlier, according to Freddie Mac’s latest Primary Mortgage Market Survey. The rate…
- Trellance Announces New Collaborative Investment Capability For Credit Unions — TAMPA--Trellance Cooperative Holdings, Inc., a leading provider of technology and solutions for credit unions, Thursday announced the development of a new collaborative investment capability…
- Senate Banking Committee Chairman And House Minority Whip Join America’s Credit Unions’ Caucus Lineup — WASHINGTON--America’s Credit Unions will host its 2026 Congressional Caucus in Washington, Sept. 14 -15 at the Hyatt Regency Washington on Capitol Hill, bringing together credit union executives,…
- Foster Bill Would Restore NCUA Authority Over CU Vendors — WASHINGTON—Rep. Bill Foster (D-IL) has reintroduced legislation that would grant NCUA authority to examine and regulate third-party vendors serving credit unions, reviving a long-running and…
- ACU Webinar to Outline Credit Union Year-End Priorities — WASHINGTON--With Congressional Caucus 2026 approaching and the 119th Congress facing limited time to address legislative issues, America’s Credit Unions members can join a webinar for the latest on…
- America’s Credit Unions PAC Goes Six-for-Six In Massachusetts Primaries — WASHINGTON--All six America’s Credit Unions PAC-supported candidates won their primary elections in Massachusetts Tuesday, ACU reported. The Credit Union Elections Hub is updated with the latest…
- DCUC Opposes Sweeping Third-Party Vendor Authority Legislation — WASHINGTON, D.C. — Today, the Defense Credit Union Council expressed its opposition to H.R.10230, Strengthening Oversight for the Financial Sector Act of 2026, legislation introduced by…
- Judge Rejects SVB Parent’s $1.71B Claim Against FDIC — SAN JOSE, Calif.—A federal judge has rejected a $1.71-billion claim against the FDIC by the successor to Silicon Valley Bank’s former parent, finding that negligent decisions by the holding…
- U.S. Auto Sales Slip As Vehicle Prices, Incentives Continue to Climb — NEW YORK--U.S. new-vehicle sales slipped in July as buyers continued to face elevated prices, with GlobalData reporting light-vehicle sales declined 1.2% from a year earlier to 1.38 million units.…
- Former Pastor Convicted In $1.8M Fraud Scheme Involving Navy Federal Accounts — ST. LOUIS—A former Missouri pastor who used parishioners’ identities and Navy Federal Credit Union accounts to help carry out a nearly $1.9-million loan fraud scheme has been convicted on all 20…
- Northwest FCU Partners With InvestiFi To Add Digital Investing — HERNDON, Va.—Northwest Federal Credit Union has partnered with InvestiFi to offer investing services directly through its online and mobile banking platforms to more than 280,000 members nationwide.…
- Bank Of America VP Killed In Random Times Square Stabbing — NEW YORK—A Bank of America vice president was killed Monday afternoon in what police described as a “random and unprovoked” stabbing in Times Square. Erin Piacenti, 32, was attacked near West 42nd…
- Credit Union Leaders Convene To Shape The Future Of Financial Well-Being — PARK CITY, Utah — Credit union CEOs and senior executives from across the country came together at the St. Regis Deer Valley here this week at the National Credit Union Foundation’s inaugural…
- Regulators Clarify What Credit Unions Can Tell Members About Suspicious Activity — WASHINGTON—Federal regulators have clarified that credit unions and banks may discuss potentially fraudulent transactions and account closures with customers without violating Suspicious Activity…
- 21 Financial Giants Plan Joint Dollar Stablecoin — NEW YORK--A group of 21 global financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, plans to form a company later this year to issue a U.S. dollar-denominated…
- Credit Card Debt Projected To Rise $26B In Q2 — MIAMI—U.S. credit card debt is projected to have increased by $26 billion during the second quarter to an inflation-adjusted $1.36 trillion, according to WalletHub's latest Credit Card Debt Report…
- Mortgage Applications Edge Higher As Purchase Demand Offsets Refi Decline — WASHINGTON—Mortgage applications increased 0.8% from the previous week as a modest rise in purchase activity offset a decline in refinancing, according to the Mortgage Bankers Association’s Weekly…
- ACU Urges House Panel To Advance Five Bipartisan Credit Union Bills — WASHINGTON—Ahead of Wednesday's House Financial Services Committee hearing on promoting economic growth, America’s Credit Unions sent committee leaders a letter outlining bipartisan policy proposals…
- Joint Statement on Suspicious Activity Report Confidentiality Considerations Regarding Communications with Customers — Alexandria, VA (September 2, 2026) ― The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union…
- CFPB Overhaul Could Return Large Credit Unions To NCUA Oversight — WASHINGTON—House Republicans have introduced a sweeping CFPB overhaul that would triple the threshold for direct Bureau supervision of banks and credit unions from $10 billion to $30 billion in…
- DCUC Calls On House Financial Services Committee to Advance American Lending Fairness Act — WASHINGTON--The Defense Credit Union Council Monday submitted comments to House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters ahead of the Committee’s hearing…
- DCUC Urges Congress To Expand Capital Access For Veteran, Rural Businesses — WASHINGTON—The Defense Credit Union Council is urging Congress to expand access to capital for veteran-owned and rural small businesses, arguing that targeted regulatory relief and modernized credit…
- House Clears Funding Patch, Averting Pre-Election Shutdown — WASHINGTON—The House voted 370-48 Tuesday to keep federal agencies funded through Dec. 11, averting a government shutdown before the midterm elections and setting up another funding battle at…
- NCUA Merges Conserved WeDevelopment FCU Into CommunityAmerica — KANSAS CITY, Mo.—NCUA has merged the $2.4-million WeDevelopment Federal Credit Union here into the $9-billion CommunityAmerica FCU, based in Lenexa, Kans., effective Sept. 1. The agency placed…
- TruStage Reopens Claims Center, Targets Payments By Next Week — MADISON, Wis.—TruStage has reopened its Claims Contact Center and said most life and accidental death and dismemberment claims pending before its July 11 cyberattack are expected to be paid by the…
- DCUC Supports Hill-Barr CFPB Reform Legislation, Urges Addition Of Bipartisan Commission — WASHINGTON--The Defense Credit Union Council Tuesday expressed its support for the Consumer Financial Protection Accountability and Reform Act of 2026, introduced by House Financial Services…
- ACU Podcast Details Check-Fraud Warning Signs And Safeguards — WASHINGTON--In a world of electronic payments, check fraud may seem old-fashioned, but fraudsters continue to exploit vulnerabilities in the payments system, America's Credit Unions reminded. As…
- ACU: Higher SAR, CTR Thresholds Would Free Hundreds Of CU Staff Hours — WASHINGTON--With the House back in Washington and the August recess winding down, America’s Credit Unions said it is advocating for needed modernizations to Currency Transaction Report (CTR) and…
- Harper, Otsuka Say Supreme Court Rulings Strengthen Case For Reinstatement To NCUA Board — WASHINGTON—Former NCUA Board Members Todd Harper and Tanya Otsuka are arguing that two recent Supreme Court decisions strengthen their bid for reinstatement, contending the agency belongs within the…
- DCUC Urges Congress to Expand Access to Capital for Veteran-Owned and Rural Small Businesses — WASHINGTON, D.C. — The Defense Credit Union Council (DCUC) today submitted comments for the official record of the House Committee on Small Business Subcommittee on Rural Development, Energy, and…
- WeDevelopment Federal Credit Union Merges into CommunityAmerica Federal Credit Union — Alexandria, VA (September 1, 2026) – WeDevelopment Federal Credit Union of Kansas City, Missouri, merged into CommunityAmerica Federal Credit Union of Lenexa, Kansas, effective today. Members…
- Blockchain Association Challenges Stablecoin ‘Deposit Flight’ Warnings — WASHINGTON—The Blockchain Association is challenging warnings that stablecoins will drain deposits from community financial institutions, arguing there is little evidence of such an exodus and that…
- VyStar Pledges $5 Million To University Of Florida’s Jacksonville Campus — JACKSONVILLE, Fla.—VyStar Credit Union has pledged $5 million over five years to support the University of Florida’s new graduate campus in downtown Jacksonville, building on the $14-billion credit…
- FSB Warns Frontier AI Could Magnify Cyber Risks Across Financial System — BASEL, Switzerland—Frontier artificial intelligence could dramatically increase the speed, scale and affordability of cyberattacks, potentially undermining confidence across the global financial…
- VolCorp, Veep Announce EWA Agreement With Navigator Credit Union — 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…
- Credit Union Priorities Face Tight Window As Congress Returns — WASHINGTON—Credit union legislation is unlikely to advance on its own during the dwindling days of the current Congress, forcing advocates to attach their priorities to a small number of must-pass…
- Barclays Now Sees Two Fed Rate Hikes This Year — NEW YORK--Barclays now expects the Federal Reserve to raise interest rates by 25 basis points in September and again in December after Fed Chair Kevin Warsh delivered what the brokerage called a…
- Massachusetts Enacts Credit Union Board Compensation Law — BOSTON--A Massachusetts bill supported by the Cooperative Credit Union Association (CCUA) was signed into law by Gov. Maura Healey. H.1338/S.821, An Act Allowing Fair Compensation of Massachusetts…
- America’s Credit Unions Maps State-By-State AI Requirements — WASHINGTON--A high-level overview of state-level artificial intelligence legislation that may impact credit unions is now available from America’s Credit Unions, the trade group announced. The new…
- Credit Unions Press Congressional Priorities During August Recess — WASHINGTON--Congressional recess provided opportunities for America’s Credit Unions, leagues, and credit unions to engage with members of Congress back home, and many met with key legislators in…
- Instant Payments Surge, But Smaller Credit Unions Are Falling Behind — NEW YORK--Financial institutions are rapidly embracing instant business-to-business payments, but smaller banks and credit unions are significantly behind their largest competitors, according to new…
- Debt Settlement May Damage Credit Scores More Than Bankruptcy, TransUnion Finds — CHICAGO—Consumers enrolling in third-party debt settlement programs may experience significantly larger credit score declines than consumers filing for bankruptcy, according to a new TransUnion…
- Virginia Senator Presses Navy Federal To Provide Relief To ‘Parking Lot Scam’ Victims — VIENNA, Va.—A Virginia state senator is pressing Navy Federal Credit Union to provide relief to members who say they are being required to repay personal loans fraudulently opened through their…
- $95M JAFCU Case Update: NCUA Says Stolen Funds Bought Luxury Home — 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…
- Stripe, Advent Walk Away From $53B PayPal Bid — SAN JOSE, Calif.— Stripe and private-equity firm Advent International have ended their effort to acquire PayPal Holdings after previously offering $60.50 per share, or approximately $53 billion, for…
- SWIVEL Now Available Within Temenos Digital Collector — SAN ANTONIO-- SWIVEL, a subsidiary of SWBC and leading fintech innovator, announced that SWIVEL is now integrated with Temenos Digital Collector, part of the Temenos Lifecycle Management Suite.…
- Global Credit Union Movement Nears 420 Million Members, $4 Trillion in Assets — MADISON, Wis.— Approximately 61,838 credit unions and financial cooperatives across 93 countries served nearly 420 million members and managed $3.98 trillion in assets at year-end 2025, according to…
- OCC, FDIC Finalize Definition Of ‘Unsafe And Unsound’ Banking Practices — WASHINGTON—The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. have finalized rules formally defining “unsafe and unsound” banking practices, Reuters reported. The…
- ACU Makes Final 2026 Push For Longer Loan Terms — WASHINGTON--Updating federal credit union loan maturities is a credit union advocacy priority in the final months of the 119th Congress, America's Credit Unions noted. "Adjusting the length of loans…
- ACU Webinar To Preview Key November Races or Credit Unions — WASHINGTON--Hear the latest outlook for November’s election, including key races for credit unions and potential outcomes for the next Congress, in a Sept. 3 webinar hosted by America’s Credit…
- Account Dispute Allegedly Led To Bomb, Shooting Threats Against Nusenda CU — TAOS, N.M.—A man accused of making bomb and shooting threats against Nusenda Credit Union in Taos was arrested Monday evening, according to the Santa Fe New Mexican. Michael Allen Graves of Los Ojos…
- Launch Members Approve $22B Merger With Suncoast CU — TAMPA, Fla.—Launch Credit Union members have approved the credit union’s merger with Suncoast Credit CU, clearing the way for the combination to take legal effect Sept. 1. The NCUA and both credit…
- Capital One Investor Sues Former Discover Leaders Over Years Of Alleged Compliance Failures — WILMINGTON, Del. — A Capital One Financial Corp. stockholder has sued 13 former Discover Financial Services directors and executives, alleging they failed for years to oversee regulatory compliance…
- Judge Blocks HUD Overhaul Of Fair-Housing Grant Program — WASHINGTON—A federal judge has blocked the Trump Administration from overhauling a long-standing program that funds nonprofit groups investigating and combating housing discrimination, finding the…
- Keesler Federal Scores Jackson State Athletics Partnership — BILOXI, Miss. —The $5-billion Keesler FCU has signed a multi-year partnership with Jackson State University Athletics that will include a co-branded debit card, discounted tickets and financial…
- Community Bank Profits Rise 8.2% in Second Quarter — WASHINGTON—Community banks reported an 8.2% increase in second-quarter net income from the previous quarter, according to the FDIC’s latest Quarterly Banking Profile. Higher net interest income, up…
- Homebuyer Affordability Improves As Median Payment Falls — WASHINGTON—Homebuyer affordability improved in July as the median mortgage payment sought by purchase applicants declined to $2,175 from $2,191 in June, according to the Mortgage Bankers…
- Mortgage Rates Hold Nearly Steady — MCLEAN, Va.—Mortgage rates changed little this week, with the average 30-year fixed-rate mortgage edging up one basis point to 6.66%, according to Freddie Mac’s latest Primary Mortgage Market…
- Cook Rejects Trump’s Renewed Attempt To Remove Her From Fed — WASHINGTON—Federal Reserve Gov. Lisa Cook told the White House Wednesday that President Donald Trump has no legally valid basis to remove her, rejecting renewed allegations that she committed…
- $95M JAFCU Scandal: New Fight Over Mansion And Frozen Millions — JACKSON, Miss.—Former Jackson Area Federal Credit Union CEO Leigh Bridges is opposing the appointment of a trustee to oversee her property as her husband seeks access to frozen retirement funds and…
- America’s Credit Unions Presses New CDFI Fund Director On Awards, Funding — WASHINGTON—America’s Credit Unions congratulated newly appointed Community Development Financial Institutions Fund Director Chris Miller while urging him to expedite outstanding awards, protect…
- Anthropic Expands Access To Mythos 5 Cybersecurity Capabilities — SAN FRANCISCO—Anthropic is expanding access to the cybersecurity capabilities of its advanced AI models, including Claude Mythos 5, while using controls designed to keep the technology from being…
- Trump Says Capital One Closed 300-Plus Accounts ‘For No Reason Other Than Politics’ — MIAMI—President Donald Trump and his businesses are urging a federal judge to allow their lawsuit against Capital One to proceed, arguing the bank improperly monitored them and shut down more than…
- Piedmont Advantage Members Approve Merger With Truliant — WINSTON-SALEM, N.C.— Members of the $382.5-million Piedmont Advantage Credit Union have approved its merger into the $5.4-billion Truliant Federal Credit Union, clearing the final major hurdle for…
- The Paycheck Is Changing—And Banking May Have To Change With It — NEW YORK--Millennials’ increasingly irregular income could force banks and credit unions to rethink products built around the traditional paycheck, with only about 42% of employed Millennials now…
- Stablecoin Card Spending Projected To Reach $50 Billion By 2028 — SINGAPORE— Global stablecoin card spending is expected to quadruple to $50 billion annually by 2028, stablecoin payments company RedotPay said this week, according to Reuters. Stablecoin card…
- Defense Credit Union Council’s 2026 Conference With A Purpose Raises $25,000 For The USO — WASHINGTON--The Defense Credit Union Council raised $25,000 for the United Service Organizations during its 2026 Conference with a Purpose, bringing the fundraiser’s total contributions to $548,000…
- Gulf Winds CU Plans Bank Acquisition, Rebrand As TruWorth — 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…
- Mortgage Applications Decline As Rates Reach Three-Week High — WASHINGTON— Mortgage applications declined 1% during the week ending Aug. 21 as rising interest rates continued to restrain refinancing and home-purchase activity, according to the Mortgage Bankers…
- Treasury Names Chris Miller Director Of CDFI Fund — WASHINGTON— The U.S. Department of the Treasury has appointed Chris Miller director of the Community Development Financial Institutions Fund, placing an executive with 20 years of small-business and…
- DCUC’s 2026 Conference with a Purpose Raises $25,000 for the USO — WASHINGTON, D.C. — The Defense Credit Union Council (DCUC) proudly announces that its 2026 Conference with a Purpose fundraiser raised $25,000 in support of the United Service Organizations (USO),…
- Love, Money & Secrets: 1 In 4 Americans Hide An Account From Their Partner — MIAMI--Money may be a bigger relationship hazard than politics, and plenty of Americans are keeping at least some of it secret from their partners. More than one in four Americans — 26% — have a…
- JD Power: Financial Health Improves, But Two-Thirds of Consumers Still Struggling — TROY, Mich.—The share of U.S. consumers considered financially healthy held at 34% in July for the second consecutive month, the highest level since November 2025, but two-thirds of consumers remain…
- Wells Fargo, Conduent Settle New Mexico Debit Card Fraud Case — ALBUQUERQUE, N.M.—Wells Fargo and government-services contractor Conduent have reached settlements with two New Mexico residents who accused the companies of improperly refusing to reimburse…
- $2.2B Credit Union’s Website Goes Dark As Domain Appears Up For Sale — CHADDS FORD, Penn.—Franklin Mint Federal Credit Union’s website and digital banking remained unavailable Tuesday, with the outage stretching into a second day amid an unusual problem involving the…
- Fed's Collins Says Rate Hike May Be Needed Soon As Inflation Remains High — WASHINGTON—The Federal Reserve may need to raise interest rates soon unless upcoming data show inflation is continuing to decline, Boston Fed President Susan Collins said Tuesday, according to…
- Bank Profits Surge 12% To $90.1 Billion As Loan Growth Accelerates — WASHINGTON— U.S. banks reported a sharp increase in earnings during the second quarter as loan and deposit growth continued and asset-quality measures improved, according to the FDIC's latest…
- League System Rolls Out Cybersecurity Toolkit For Credit Unions — WASHINGTON—The League System has rolled out a new Cybersecurity Awareness Toolkit designed to give credit unions customizable materials they can use to educate members about online threats, fraud…
- DCUC Supports Proposed Stablecoin CIP Framework, Urges Regulatory Clarity or Credit Unions — WASHINGTON—The Defense Credit Union Council Tuesday submitted comments on a proposed federal rule implementing customer-identification requirements for permitted payment stablecoin issuers under the…
- DCUC Supports Congressional Efforts To Safeguard Deployed Servicemembers’ Educational Standing — WASHINGTON--In a letter to the House Committee on Education & the Workforce ahead of Tuesday’s hearing, “Deployed, Not Disqualified: Defending Servicemembers in Our Schools,” the Defense Credit…
- Former Credit Union Employee Makes Run For Congress In North Carolina — RALEIGH, N.C.--A former credit union employee is in the running to win the open Congressional seat in North Carolina’s 11th District, America's Credit Unions reported. State Rep. Jennifer Balkcom…
- HUD Leads Interagency Rescission of 2022 Statement on Special Purpose Credit Programs — Alexandria, VA (August 25, 2026) ― Today, the Department of Housing and Urban Development (HUD), the Consumer Financial Protection Bureau (CFPB), the Department of Justice (DOJ), the Federal Deposit…
- DCUC Supports Proposed Stablecoin CIP Framework, Urges Regulatory Clarity for Credit Unions — WASHINGTON, D.C. — The Defense Credit Union Council (DCUC) has provided official comments on the joint agency proposed rulemaking issued by the Financial Crimes Enforcement Network (FinCEN), the…
- America First, Greater Nevada CU Strike Deal To Create Nearly $28B Credit Union — OGDEN, Utah— America First Credit Union here and Greater Nevada CU have entered into a merger agreement that would create a credit union with neasrly $28 billion in assets, KOLO reported. The…
- AI Isn't Killing The Bank Mainframe, Tech Executives Say — STAMFORD, Conn.—Despite the rapid adoption of artificial intelligence and cloud computing, bank technology executives aren't preparing to pull the plug on their mainframes, according to new research…
- Crypto Card Spending Tops $1 Billion As Stablecoins Gain Ground — NEW YORK — Cryptocurrency card spending has more than tripled over the past year, topping $1 billion in July as stablecoins increasingly move beyond investment and cross-border transfers into…
- Fair Lending Shift: Regulators Rescind Guidance On Special Credit Programs — WASHINGTON— Federal banking, credit union and housing regulators are rescinding 2022 guidance that encouraged lenders to use special-purpose credit programs, or SPCPs, to expand access to credit,…
- Crews Sworn In at NCUA, Ending Agency’s ‘No One Home’ Period — ALEXANDRIA, Va.--John Crews has been sworn in as a member of the National Credit Union Administration board, ending an extraordinary period in which the federal regulator operated without a single…
- DCUC Moves Early To Prepare Credit Unions For Midterm Election Impact — WASHINGTON—With control of Congress potentially hinging on a handful of races, the Defense Credit Union Council is moving quickly to prepare for the 2026 midterm elections and position defense…
- Banks Press Regulators For Deeper Overhaul Of CAMELS Ratings — WASHINGTON—The banking industry is pressing federal regulators to go further in overhauling the confidential CAMELS supervisory rating system, calling for clearer limits on when examiners can…