CUNA & NAFCU are now America's Credit Unions.

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July 11, 2024

The Credit Union industry’s most important updates

Introducing Velera ([link removed] )

Latest estimates show credit union loans increased 0.4% again in May ([link removed] )

Credit union loans outstanding increased 0.4% in May, compared to a 0.4% increase in April of 2024 and a 0.7% increase in May of 2023, according to America’s Credit Unions’ latest Monthly Credit Union Estimates (MCUEs). The estimates are based on information from a monthly sample of credit unions and are revised whenever more complete …

CFPB proposes new mortgage servicing rules ([link removed] )

The CFPB proposed new rules Wednesday that would establish new requirements for mortgage servicers to help borrowers in need of assistance avoid foreclosure. The proposed changes would also make it simpler for servicers to offer assistance by reducing paperwork requirements, improve communication with borrowers, and ensure critical information is provided in languages borrowers understand. America’s …

Salem talks state of credit union DEI at NCUA summit ([link removed] )

NCUA kicked off its third annual Diversity, Equity, and Inclusion (DEI) Summit Wednesday in Minneapolis. America’s Credit Unions Vice President of DEI Samira Salem presented Wednesday afternoon on the state of DEI in the credit union industry. Salem presented an issue brief with results from a recent America’s Credit Unions survey on where credit union …

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Automate to elevate lending performance ([link removed] )

FHLBanks ([link removed] )

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