PALM DESERT, Calif.–Credit unions that want to prosper and meet the future will only do so if they first meet their members where they are needed—as PayPal is clearly doing, according to one member survey that ranked fintechs ahead of their own CU when it comes to meeting needs.
Fresh Today
WASHINGTON–The Federal Reserve has issued a statement saying itsupports newly announced global efforts to identify key issues and potential solutions for the climate-related challenges.
ALEXANDRIA, Va.—Credit unions must look for new ways to make fees and fines less “debilitating” for low-income members, and also find ways to make their financial counseling more effective.
WASHINGTON– The Consumer Financial Protection Bureau (CFPB) has released research it says reveals consumers in majority Black and Hispanic neighborhoods, as well as younger consumers and those with low credit scores, are far more likely to have disputes appear on their credit reports.
CHICAGO–The credit card industry is rebounding strongly from the early impacts of the COVID-19 pandemic with Gen Z leading the way in terms of originations and bankcard balance growth, according to a new report.
ST. LOUIS–A new analysis shows just how sharply home prices have increased, and not just recently, but since 1965. The findings also offer a look at the most affordable cities in the U.S., as well as the lease affordable.
WASHIINGTON– The FDIC has announced the creation of a new office to support the agency’s ongoing strategic and direct engagement with Minority Depository Institutions (MDIs), Community Development Financial Institution banks (CDFIs), and other mission-driven banks.
ST. LOUIS–Two Missouri credit unions have announced plans to combine.
WASHINGTON–CUNA has announced the national winners of its Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education.
WASHINGTON–Millions of consumers who hold loans with adjustable interest rates are going to be affected by the move away from Libor, a consumer group told Congress during a hearing this week.