DULUTH, Ga.—As the country enters a new year, a sizeable segment of middle class of America is turning more often to credit cards to make up for income shortfalls and rising prices, according to a new survey.
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NEW YORK– The lowest average annual pay that workers were willing to accept from a new employer is $73,667, according to a new survey by the New York Federal Reserve Bank.
SACRAMENTO, Calif.–Among the most significant laws going into effect in 2023 that will have a bearing on credit unions is SB 1415 in California, which requires CUs and banks subject to the authority of the Department of Financial Protection (DPFI) to disclose the revenue they earn from overdraft and nonsufficient funds fees.
MANHATTAN BEACH, Calif.–Kinecta FCU has made a $50,000 donation to a credit union-affiliated fund that is buying generators for Ukrainians as winter arrives and Russian attacks on that country target energy and heating infrastructure.
TUCSON, Ariz.— Pima Federal Credit Union has selected six winners for its Great Auto Loan Giveback campaign.
WASHINGTON – The Financial Stability Oversight Council has approved its 2022 annual report, which cites heightened geopolitical and economic shocks and inflation as among the reasons risks to the U.S. economy and financial stability have increased even as the financial system has exhibited resilience.
WASHINGTON—As war rages on in the Ukraine, the Financial Crimes Enforcement Network (FinCEN) has issued a Financial Trend Analysis on the financial activity of Russian oligarchs.
DENVER–Credit union executives looking to make a career change in the new year will want to visit CUToday.info’s the Gig, where seven new positions have been added.
ONTARIO, Canada—Walmart Canada has integrated Western Union's cross-border financial services platform into Walmart.ca to offer online money transfer services to its customers with everyday low fees, Yahoo finance reported.
ALEXANDRIA, Va.–Eight more credit unions have filed their member disclosure forms with NCUA sharing the reasons they say they need to merge.