WASHINGTON—Younger workers in the United States experience higher rates of unemployment than the population as whole but are nonetheless generally optimistic about their job prospects, according to the Federal Reserve Board's new report, Experiences and Perspectives of Young Workers.
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DUBLIN, Ireland–The chairman of Ireland’s largest credit union has issued a statement strongly critical of the country’s regulator, saying it is preventing CUs from competing with banks in serving consumers.
SCARBOROUGH, Maine–Town & Country Federal Credit Union is donating $100,000 to the Eastern Trail Alliance’s plan to complete a 1.6-mile gap in an off-road trail as it runs through this town.
EDINBURGH, Scotland–Royal Bank of Scotland has added something new to its hiring process: mind scans.
WASHINGTON—While consumer sentiment remains high, a new forecast from Fannie Mae for 2017 sees pretty modest growth.
WASHINGTON–The average rate on the 30-year, conventional, fixed-rate mortgage jumped to 3.77% in November from 3.47% in October (highest rate since January at 3.87%), according to the National Association of Realtors (NAR). The average commitment rate for all of 2015 was 3.85%.
WASHINGTON–The average rate on the 30-year, conventional, fixed-rate mortgage jumped to 3.77% in November from 3.47% in October (highest rate since January at 3.87%), according to the National Association of Realtors (NAR). The average commitment rate for all of 2015 was 3.85%.
CHICAGO—Another report indicates that credit card delinquencies are inching up as a result of increased lending to subprime borrowers in the last few years.
NEW YORK—The holiday season is the prime time for fraudsters looking to take advantage of distracted, frenzied shoppers, cautions security expert Adam Levin, who details a growing attack on consumers this December.
ROSWELL, N.M.–The Florist Federal Credit Union has named Cisco Malpartida Smith as its new President/CEO.