3+ day, 3+ hour ago   (139+ words) CU Today WASHINGTON—Federal banking regulators have issued an interim final rule doubling the asset threshold for certain community banks to qualify for an 18-month examination cycle, increasing it from $3 billion to $6 billion.The change implements provisions of the…...

3+ day, 5+ hour ago   (96+ words) CU Today MCLEAN, Va.—Mortgage 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…...

4+ day, 1+ hour ago   (203+ words) CUToday WASHINGTON— The Blockchain Association has urged federal regulators to tailor proposed customer-identification requirements for permitted payment stablecoin issuers to how stablecoins circulate rather than applying uniform, bank-style standards, according to Finance.Biggo.com The cryptocurrency industry group submitted…...

4+ day, 3+ hour ago   (216+ words) WASHINGTON—The Federal Reserve is expected to hold interest rates steady at its Sept. 15-16 meeting and through the remainder of 2026, according to a Reuters poll of economists, although expectations for a rate increase have risen substantially during the past month....

4+ day, 12+ hour ago   (140+ words) FinCEN Clears Path For Credit Unions To Use Mobile Driver’s Licenses For Identity Verification CUToday WASHINGTON--Updated frequently asked questions (FAQs) released by the Treasury’s Financial Crimes Enforcement Network (FinCEN) and financial regulators Tuesday address the use of…...

4+ day, 12+ 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,…...

6+ day, 3+ hour ago   (538+ words) PITTSBURGH—Nearly half of U.S. banks are showing year-over-year deterioration in credit quality even as industry profits, lending and deposits continue to climb, according to a new BlastPoint analysis of second-quarter FDIC data. BlastPoint found 48% of U.S. banks reported a…...

1+ week, 2+ day ago   (217+ words) CU Today 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 not subject to the same investor-focused SEC scrutiny as most public companies…...

1+ week, 6+ day ago   (223+ words) CU Today 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 “notably hawkish” speech,…...

2+ week, 5+ day ago   (227+ words) 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 financially unhealthy, according to new data from JD Power. JD Power…...