The temporary interest rate ceiling of 18% for loans made by federal credit unions (FCUs) will run through March 10, 2026, the federal credit union regulator reminded in a letter issued Tuesday. The National Credit […]
Federal credit unions (FCUS) may continue to charge up to 18% interest on their loans, their federal regulator reminded them Wednesday in a letter, over the 18-month period that starts March 11. The National Credit […]
Loans by federal credit unions (FCUs), in most cases, will continue to be capped at 18% in interest rates, at least for the next 19 months, following action Thursday by the cooperatives’ regulator. However, in […]
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