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January 27, 2025

DCUC Calls on Senate to Address Credit Union Concerns During SBA Administrator Confirmation

One Jan. 27, the Defense Credit Union Council (DCUC) sent a letter to the Senate Committee on Small Business and Entrepreneurship regarding the confirmation of The Honorable Kelly Loeffler as Administrator of the Small Business Administration (SBA). In the letter, DCUC Chief Advocacy Officer Jason Stverak shared how credit unions—member-owned, not-for-profit financial cooperatives—continue to provide […]

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CFPB Report Finds Cash-Out Mortgage Refinance Borrowers Improve Credit Scores

Cash-out borrowers paid down credit card debt and auto loans The Consumer Financial Protection Bureau (CFPB) published a report about financial outcomes for cash-out refinance mortgage borrowers. Cash-out borrowers had an initial sharp improvement in credit scores, followed by a gradually worsening of their scores. Scores in general, however, stayed above their pre-refinance levels. The

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Silver State Schools CU’s People Over Profit Foundation Announces 2025 Scholarship Program

Silver State Schools Credit Union (SSSCU) is now accepting applications for the 2025 People Over Profit (POP) Foundation Scholarships for Nevada High School Seniors. Since 1989, more than $1,300,000 in scholarships have been awarded to outstanding Southern Nevada students to pay tuition in higher education. The POP Foundation Scholarship Program recognizes students who demonstrate excellence

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