CFPB final mortgage servicing rule hits slightly more than 200 of 6,900 federally insured credit unions.>>Read More at CU Times>>NCUA Confirms Nearly All Credit Unions Qualify for CFPB’s Servicing Exemption:
Congress is considering new legislation around cryptocurrency, and these new tools could have profound implications for the industry. Andrew Lepczyk Creditunions.com Cryptocurrency is seemingly everywhere in 2025, including member’s virtual “wallets .” A 2022 study from CUNA – now known as America’s Credit Unions – found cryptocurrency ownership among credit union members stood at 39%, as opposed to 17% of the general population. In some ways this makes sense; many Americans who feel excluded from the traditional financial system are drawn to cryptocurrency, mirroring the relationship many members have with their credit union. While there are plenty of enthusiasts, cryptocurrency also has its detractors. Many dismiss crypto ownership as speculative, and cryptocurrency as nothing more than an overly risky, volatile asset. Public failures of companies like FTX have only made the critics louder. A recent study from the Pew Research Center found 63% of r...
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