News

Proposed changes could bring more credit unions into federal credit card market surveys for the first time.

Board action extends temporary authority through September 2027, preserving pricing flexibility for higher-risk loans and continued availability of payday alternative loan programs.

WCMS also welcomes new board officers and an associate dean as it enters a new chapter.

Empol, former SVP for the two state leagues and the Federal Home Loan Bank of San Francisco, takes the helm on March 9.

Trade group warns reverting to the 15% statutory ceiling would restrict credit access and weaken payday loan alternatives for vulnerable borrowers.

Deal would create a $2.3B institution serving 128,000 members across three states.