ST. LOUIS–Three major culprits have been identified as driving Americans’ total personal debt to more than $4 trillion (and that doesn’t include $9.4 trillion in mortgage debt), according to a new analysis.
Fresh Today
SAN FRANCISCO–Climate change could bring an end to the traditional 30-year home mortgage, according to the latest research from the Federal Reserve Bank of San Francisco.
NEW YORK—Citigroup is making another push for digital deposits, while American Express has dialed back some of its card benefits.
ALEXANDRIA, Va.–Although one board member expressed strong concern, the NCUA board has voted 3-0 to put out for comment a proposal to raise to $400,000 from $250,000 the home value threshold required for an appraisal when a CU is making a mortgage loan.
ALEXANDRIA, Va.–With one board member saying such a move is part of “credit union DN
ALEXANDRIA, Va.–Updated numbers on the National Credit Union Share Insurance Fund show the percentage of insured deposits in CAMEL 1 and 2 credit unions is at its highest point in more than a decade.
NEW YORK–New research suggests financial institutions should “think twice” before closing branches.
WASHINGTON–CUNA has filed an amicus brief in support of Facebook’s petition seeking the Supreme Court’s review of a ninth circuit decision in the Telephone Consumer Protection Act (TCPA case Duguid vs. Facebook, Inc.
DURHAM, N.C.–What makes a financial institution “good?” And why are so many government debt-collection efforts so bad? One person here had answers for both questions.
DURHAM, N.C.– There is a role for credit unions in serving members who work in the gig economy, and it begins with understanding what those workers don’t understand, according to one person.