ST. PETERSBURG, Fla.—The trend of credit transactions outpacing debit continued in October, reported PSCU, which added early signs indicate holiday spending could be weaker this season.
Fresh Today
NEW YORK—Credit unions may have a present and future opportunity to help members refinance card debt, as a new report reveals the Fed’s big interest rate hikes are pushing average credit card interest rates to new records.
LAS VEGAS–WestStar Credit Union has named a new president and CEO to succeed the retiring Rick Schmidt.
NEW YORK—A new study reveals people eat the rough equivalent of a credit card’s worth of plastic every week.
OKLAHOMA CITY, Okla.–Once again this holiday season, Tinker FCU is running its “Give the Gift of Membership” campaign.
WASHINGTON—NAFCU met with Federal Reserve Board Governor Michelle Bowman to share insights and trends credit unions have seen throughout 2022.
MADISON, Wis.– Credit unions can measurably increase their employees’ financial well-being through initiatives as simple as a “prompting email,” according to a new report from the National Credit Union Foundation.
IRVINE, Calif.–Origence will host a webinar today titled “Driving Better Lending Performance Through Point of Sale.” The webinar will begin at 2 p.m. ET.
NEW YORK–The Federal Reserve Bank of New York and a group of major banks and Mastercard have joined in a test of the use of digital tokens representing digital dollars to improve how central bank money is settled between institutions.
BRUSSELS—Representatives from the European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) are seeking support this week from the European Parliament, the European Commission and the Council of the European Union (EU) on limiting regulatory burdens on credit unions to help promote access to financial services for everyday Europeans, according to WOCCU.