CUNA & NAFCU are now America's Credit Unions.

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July 8, 2024

The Credit Union industry’s most important updates

Introducing Velera ([link removed] )

This week: Congress returns with busy lineup of hearings ([link removed] )

Congress is back in Washington, D.C. this week. With several hearings of note taking place, America’s Credit Unions will continue to keep credit union industry priorities top-of-mind with lawmakers. Of note, Federal Reserve Chair Jerome Powell will provide a semiannual monetary policy report to Congress this week, with appearances before the Senate Banking Committee and House …

Comment deadlines approaching for FHLB mission, residential mortgage fees ([link removed] )

Regulatory comment deadlines are approaching for several proposals of interest over the next several weeks. America’s Credit Unions is seeking feedback from members on the proposals to help inform the organization’s comment letters. Upcoming deadlines include:

June jobs report shows ‘more moderation’ in labor market ([link removed] )

Total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed little at 4.1%, the U.S. Bureau of Labor Statistics reported Friday. “The economy added 206,000 jobs in June but the report showed more moderation in the labor market than previous reports. Job gains in the prior two months were revised down …

Thank you to America's Credit Unions' supporters!

Automate to elevate lending performance ([link removed] )

Council Fed Home Loan Bank ([link removed] )

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