All seven credit union-supported candidates won in Tuesday’s primary elections in Maryland, Nebraska, and West Virginia. The primaries included elections for six open seats: four in the House and two in the Senate. In Maryland, the America’s Credit Unions PAC supported candidate Johnny “O” Olszewski Jr. to replace retiring incumbent Dutch Ruppersberger in the state’s …
Credit union-backed candidates win in Tuesday’s primaries Read More »
The NCUA released the agenda for its May board meeting, noting the NCUA Board will receive its quarterly briefing on the Share Insurance Fund (SIF). The board meeting was originally scheduled for today but was moved to May 22 at 10 a.m. Eastern. The board meeting can be streamed live on the NCUA’s website. Information …
Quarterly SIF briefing on NCUA Board meeting agenda Read More »
The Bureau of Labor and Statistics (BLS) released April’s consumer price index report Wednesday, noting inflation rose 0.3% last month. Indexes that increased include shelter, motor vehicle insurance, medical care, apparel, and personal care. The indexes for used cars and trucks, household furnishings and operations, and new vehicles decreased. “Headline and core inflation slowed down …
The NCUA will hold a webinar May 30 on the importance of planning for retirement in recognition of Older Americans Month. Speakers from the NCUA Office of Consumer Financial Protection, Department of Health and Human Services, Social Security Administration, and CFPB will provide attendees with practical tools to manage their finances as they age, as …
Register now for NCUA webinar on financial planning for older Americans Read More »
The Federal Reserve and CFPB Monday announced the inflation-adjusted Regulation CC dollar thresholds that will take effect July 2025. Regulation CC governs the availability of funds from customer deposits and the collection and return of checks. “These changes in Regulation CC include the minimum amount of deposited funds that banks must make available for withdrawal …
America’s Credit Unions PAC has launched its Credit Union Elections Hub , a resource to track election results from the primaries through the general election. As of May 13, 133 out of 134 credit union-supported candidates have won their primaries across 10 states. America’s Credit Unions and its PAC will spend over $7 million supporting …
Elections hub launches to track credit union champions throughout 2024 election Read More »
Credit union loans outstanding decreased 0.02% in March – compared to a 0.06% decrease in February – according to America’s Credit Unions’ latest Monthly Credit Union Estimates. For reference, March 2023 saw a 0.7% increase in loans outstanding. The estimates are based on information from a monthly sample of credit unions and are revised whenever …
