SAN FRANCISCO–New data from the FDIC indicating that Americans have lowered their bank savings by $32 billion in the second quarter of this year is a reflection of a decrease in the Money Anxiety Index, which decreased by 3.5 index points to 54.1 in the first half of this year, according to Dr. Dan Geller.
WASHINGTON–Long-awaited regulatory relief is on its way, according to several members of Congress.
WASHINGTON–Sen. Shelley Moore Capito (R-WV) told credit unions at NAFCU’s Congressional Caucus that “someone needs to go to jail” over the recent data breach at Equifax.
WASHINGTON–The prudence and soundness of the credit union community is what has made it "a rock" for consumers over the years, especially in light of the recent hurricanes impacting parts of the U.S., NCUA Board Member Rick Metsger told the NAFCU Congressional Caucus here.
WASHINGTON–House Financial Services Committee Chairman Jeb Hensarling (R-TX) told hundreds of NAFCU Congressional Caucus attendees here that the goal of his committee is to "help create a healthier economy with greater opportunity for all, built from Main Street up, not Congress down."
WASHINGTON–The so-called “Stop and Study” bill has been re-introduced in Congress.
WASHINGTON—Work done by credit unions to contribute to law enforcement's efforts to identify and apprehend those violating anti-money laundering laws were praised by a key member of the Financial Crimes Enforcement Network's enforcement operation Monday.
JACKSONVILLE, Fla.—The sheer size of Hurricane Irma—larger than the entire state of Florida—is what shut down First Florida Credit Union for the first time in a decade.
WASHINGTON–Members of the Senate Finance Committee are demanding that Equifax answer questions regarding its massive data breach, including why three of its executives sold shares after the breach had been discovered.
WASHINGTON–The national average rate on the 30-year fixed mortgage has hit a year-to-date low for the third consecutive week, according to data released by Freddie Mac.
