Credit Union News — December 2025
Credit union industry reporting published in December 2025.
- Patriot League Women’s Wednesday Recap presented by PenFed Credit Union (12.31.25) — AT LOYOLA MARYLAND (5-7, 1-0 PL) 68, AMERICAN (2-10, 0-1 PL) 59. Reitz Arena/ Baltimore 1 p.m. (ESPN+). BOX SCORE BALTIMORE – Loyola Maryland leaned on a...
- Mortgage Rates Drop To Lowest Level In 2025 — MCLEAN, Va.--The 30-year fixed-rate mortgage fell this week, averaging 6.15%, Freddie Mac said. “After starting the year close to 7%, the average 30-year fixed-rate mortgage moved to its lowest…
- NCUA Bans Three People From Credit Unions — ALEXANDRIA, Va. — NCUA issued three consent-based prohibition orders in December, permanently barring the individuals named below from participating in the affairs of any federally insured…
- Akira Ransomware Attack Exposes Data Of 7,600 At MetroWest Community FCU — FRAMINGHAM, Mass. — MetroWest Community Federal Credit Union disclosed a data breach that exposed the personal information of more than 7,600 individuals in Massachusetts and Rhode Island, according…
- Fed Minutes Reveal Deep Divisions Behind December Rate Cut — WASHINGTON— Divisions inside the Federal Reserve ran deeper than the final vote suggests when policymakers cut interest rates earlier in December, according to FOMC meeting minutes released this…
- NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution — Alexandria, VA (December 31, 2025) - The National Credit Union Administration issued three consent-based prohibitions in December 2025. The individuals named below are permanently prohibited from…
- 4Front Credit Union Acquires Horizon Bank Branch — TRAVERSE CITY, Mich. —The $1-billion 4Front Credit Union here has purchased Horizon Bank’s Charlevoix branch, acquiring the building, its customers, and the branch’s book of business. Financial…
- Trump Revives Threat To Sue Fed Chair Powell, Signals Successor Pick In January — WASHINGTON — President Donald Trump this week revived his threat to sue Federal Reserve Chair Jerome Powell for what he called “incompetence,” while signaling he plans to announce his preferred…
- Judge Blocks Trump Administration From Letting CFPB Run Out Of Money — WASHINGTON—A federal judge has blocked the Trump Administration from allowing the CFPB to run out of money, rejecting a last-minute legal argument that would have effectively shut down the consumer…
- Fed Repo Backstop Use Jumps To Near-Record As Year-End Funding Pressures Build — WASHINGTON— Use of the Federal Reserve’s standing overnight liquidity backstop jumped on Monday, underscoring persistent funding-market pressures as year-end approaches. Eligible financial firms…
- CRA Update: Small-Bank Asset Threshold Raised To $1.649B For 2026 — WASHINGTON — The Federal Reserve Board and the FDIC announced updated 2026 asset-size thresholds under the Community Reinvestment Act, reflecting inflation adjustments that will determine how banks…
- Ford’s $19.5B Reset Signals A More Cautious EV Future In The U.S. — DEARBORN, Mich.—Ford Motor Co. plans to take about $19.5 billion in special charges as it scales back parts of its electric-vehicle strategy, abandoning some larger battery-electric models and…
- DCUC Submits Comments Supporting NCUA Proposal to Eliminate Reputation Risk from Supervision — WASHINGTON, DC – The Defense Credit Union Council, DCUC, wrote to the National Credit Union Administration (NCUA) in support of the agency’s proposed rule to codify the elimination of reputation…
- Advocacy in Action: Standing Strong in 2025 - Credit Union Advocacy, Unity, and the Work Ahead — 2025 was a defining year for credit union advocacy. It was a year marked by significant victories, hard-fought defensive battles, and a renewed commitment to strengthening unity across the credit…
- Trump Announces $1,776 ‘Warrior Dividend’; DCUC Prepares Credit Unions for Member Inquiries — Following President Donald Trump’s announcement of a one-time $1,776 “1776 Warrior Bonus” for eligible U.S. service members, DCUC issued guidance to help credit unions prepare for increased member…
- CEO Update: How to Navigate Big Changes in 2026 — There is a brief, yet well-known exchange in Ernest Hemingway’s 1926 novel, The Sun Also Rises, that captures how change happens in life, business, and society:"How did you go bankrupt?" Bill…
- DCUC Commends Reintroduction of CLF Bill by Senators Padilla and Cramer — WASHINGTON, DC – The Defense Credit Union Council, DCUC, applauds Senators Alex Padilla (D-CA) and Kevin Cramer (R-ND) for reintroducing the CLF bill (S.3575) with updated language that was…
- DCUC Applauds NCUA Board Approval of 2026–2027 Budget and Commitment to Lower Costs — WASHINGTON, DC – The Defense Credit Union Council (DCUC) commends the National Credit Union Administration (NCUA) Board for approving the agency’s Operating, Capital, and Share Insurance Fund…
- DCUC Applauds Final Passage of FY2026 NDAA — WASHINGTON, DC – The Senate has officially passed the FY2026 NDAA following last week’s approval by the U.S. House of Representatives. The final bill now heads to the President for signature. DCUC…
- DCUC Comments on CFPB’s Proposed Small Business Lending Rule — WASHINGTON, DC – Today, the Defense Credit Union Council, DCUC, sent formal comments to the Consumer Financial Protection Bureau (CFPB) regarding the agency’s proposed revisions to the Small…
- DCUC and Best Innovation Group Announce “CU Unplugged” A One-of-a-Kind, Industry-Defining Credit Union Event Coming to San Francisco — WASHINGTON, DC – The Defense Credit Union Council, DCUC, in partnership with Best Innovation Group (BIG), is thrilled to unveil CU Unplugged, an all-new, industry-first event, designed to reinvent…
- Commercial And Multifamily Mortgage Delinquency Rates Mixed In Third-Quarter 2025 — WASHINGTON—Commercial mortgage delinquencies were mixed in the third quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. “Commercial mortgage…
- Marquis Ransomware Fallout Widens, More Credit Unions Expected To Report Data Breaches — WASHINGTON—A growing number of credit unions are expected to report data breaches in the coming weeks as new details emerge about the ransomware attack on Marquis Software Solutions, a third-party…
- America’s Credit Unions Outlines Steps Congress Can Take To Boost CU-Led Housing Solutions — WASHINGTON--Credit unions can address housing affordability and supply issues, and America’s Credit Unions shared ways Congress can facilitate these efforts in advance of the House Financial…
- Scott Simpson Reaffirms CU Cooperative Model, Member Focus In Response To Senate Overdraft Inquiry — WASHINGTON--America’s Credit Unions President/CEO Scott Simpson reiterated the industry’s people-first cooperative structure and commitment to supporting members’ unique needs in a letter sent to…
- Hauptman Notes Small CUs Still Shut Out Of Liquidity Backstop; Padilla/Cramer Fix Rides On NDAA — WASHINGTON—The problem of small credit unions lacking practical access to the Central Liquidity Facility (CLF) was moved back into the spotlight Tuesday as NCUA Chairman Kyle Hauptman acknowledged…
- With CFPB Safeguards Rolled Back, States Demand Answers From Major Buy Now, Pay Later Firms — HARTFORD, Conn.—With CFPB oversight of buy now, pay later lenders effectively dismantled by the Trump Administration, Connecticut Attorney General William Tong is leading a seven-state coalition…
- Lenders Fast-Track GenAI As 83% Plan Budget Increases For 2026 — BURBANK, Calif.—Financial institutions are racing to figure out where generative AI fits into their lending operations, and a new Celent study offers one of the clearest snapshots yet of how quickly…
- Decade Of CSBS Data Shows Smallest Banks Drowning In Compliance Costs, Fueling Consolidation Pressures — WASHINGTON—New data from the Conference of State Bank Supervisors (CSBS) provides the strongest evidence yet that federal regulations disproportionately burden the nation’s smallest community banks.…
- Black Friday, Cyber Monday Spending Climbs Despite Economic Pressures, Mastercard Says — PURCHASE, N.Y.—The holiday shopping season is taking shape with familiar patterns—early decorations, extended Black Friday promotions, and strong consumer turnout—but several dynamics set this year…
- Innovations Financial CU CEO David Southall To Retire After 39-Year Career; Gladden Named Successor — PANAMA CITY, Fla.— The $620-million Innovations Financial Credit Union has announced that CEO David Southall will retire on Dec. 31, 2025, ending a 39-year career in the credit union industry and…
- DCUC Welcomes Texas Dow Employees Credit Union to DCUC Membership — The Defense Credit Union Council (DCUC) proudly welcomes Texas Dow Employees Credit Union (TDECU) as its newest member. TDECU is a member-owned, not-for-profit financial cooperative founded in 1955…
- DCUC Raises Concerns Over FinCEN Alert’s Potential Harm to Military Financial Readiness — WASHINGTON, DC – Today, the Defense Credit Union Council, DCUC, sent a letter to the U.S. Treasury expressing concern over FinCEN’s November 28, 2025, alert on “Cross-Border Funds Transfers…
- DCUC Outlines Key Priorities for HFSC Oversight Hearing — WASHINGTON, DC – Today, the Defense Credit Union Council, DCUC, sent a letter to House Financial Services Committee leaders ahead of the hearing, “Oversight of Prudential Regulators,” thanking the…