THE news

WASHINGTON–The home market is booming for nearly everyone, except first-time homebuyers, according to a new analysis from the National Association of Realtors that has identified the top five and worst five markets for real estate “newbies.”

OKLAHOMA CITY, Okla.–During the Cornerstone CU League’s annual meeting here, CEO Dick Ensweiler called for the implementation of a credit union “wellness checkup program.”

MADISON, Wis.–More than 300,000 Americans joined credit unions during January, while loan balances were up nearly 11% and savings was up 6% on a seasonally adjusted basis, according to the latest Trends Report from CUNA Mutual Group.

WASHINGTON—It’s been roughly six months since the Oct. 1 deadline for U.S. merchants to upgrade their payment terminals as part of the country’s shift to smart-chip credit cards, and 42% of retailers have not updated the terminals in any of their stores.

WASHINGTON–CUNA ran a full-page ad in the Washington publication Politico yesterday to thank the more than 300 members of Congress who have signed a letter calling on the CFPB to exempt credit unions from its rulemaking.

JOHNSON CITY, Tenn.—The $1.5-billion Knoxville TVA Employees CU has bought the naming rights to the home stadium of the Johnson City Cardinals.
The Johnson City Cardinals are a minor league affiliate of the St. Louis Cardinals and play in the Appalachian League.