News

New Mexico credit union is working to clear its books of problem loans.

Delinquency rates rose last year for commercial loans, which account for nearly 24% of its total portfolio.

Businesses with variable rates had trouble keeping up with payments when rates rose.

Proposed rule would establish supervisory standards for credit union-affiliated stablecoin issuers under the GENIUS Act, with comments due April 13.

The NCUA's deferred decision comes as litigation over the consolidation dispute intensifies. 

Banks and credit unions warn the state law could disrupt the national payments system ahead of the July 1 effective date.