Fresh Today

Fresh Today

MADISON, Wis.–Forty-seven people have graduated from the latest Development Education (DE) training offered by the National Credit Union Foundation. Graduates hailed from both U.S. and Kenya.

NEW YORK—As CUToday.info has extensively reported, U.S. consumers are running up credit card debt to a record level, but new data reveals another concerning statistic: 39-million Americans have been carrying credit card debt for at least two years.

WASHINGTON—Passing into law the SAFE Banking Act (H.R. 1595), which would institute a safe harbor for financial institutions serving legal marijuana businesses, would increase insured deposits at credit unions by about $200 million by 2022 and $350 million by 2029, according to the Congressional Budget Office (CBO).

WASHINGTON–Commercial banks and savings institutions insured by the FDIC reported aggregate net income of $60.7 billion in first quarter of 2019, up $4.9 billion or 8.7% from one year earlier.