NEW YORK—When stimulus payments hit financial accounts earlier last month, many Americans spent at least a portion of that money to pay their bills.
Fresh Today
ARLINGTON, Va.—Total vehicle sales surged in March from 15.8 million annualized units to 17.8 million during the month. Monthly sales levels were up a massive 56.2% year-over-year.
WASHINGTON—The Consumer Financial Protection Bureau’s stated intention to review the General Qualified Mortgage (QM) rule brings uncertainty and instability to the mortgage financing system, CUNA said in a letter to the CFPB.
JACKSONVILLE, Fla. —Jax Federal Credit Union has named a new president and CEO. The $497-million CU has selected John Servos to lead the organization.
ARLINGTON, Va. –NAFCU has released a new video it said is designed to urge policymakers to ensure a level playing field between fintechs that are granted bank charters and financial institutions.
ST. PETERSBURG, Fla. — Honolulu Federal Credit Union and HFS FCU have expanded their partnerships with PSCU, while Pearl Hawaii FCU has also joined the CUSO as a new owner. All three will partner with PSCU for credit and debit processing services.
TYSONS, Va.–PenFed Credit Union has named the winner of its $20,000 sweepstakes. Bethany Edmonds won the money as the top prize in an auto loan promotion.
NEW YORK—Goldman Sachs is talking to JetBlue Airways about taking over its credit card program, according to numerous reports.
NEW YORK–A new survey reveals shifting attitudes among employers and employees related to productivity gains and working from home.
CHARLOTTE, N.C.—Roughly 4.1 million Americans, or 2.9% of the workforce, were getting unemployment insurance as of the end of February. But those who apply for unemployment insurance and are denied have to find other ways to make ends meet, a new study shows.