WASHINGTON–Job growth has finally showed the signs of a slowdown the Federal Reserve has been seeking, with unemployment ticking higher in April after a 2024 that until the most recent report had been surprising analysts with strong monthly numbers.
Fresh Today
MADISON, Wis.–Every consumer credit category in credit unions was down in the first two months--although mortgage lending saw increases-- according to the newest Trends Report from TruStage, which also shows larger CUs reported significantly slower loan growth in 2023 as compared with 2022.
NEW YORK—Americans place more importance on credit card features, like rewards, interest rates, and other perks, than how much they trust a credit card issuer, according to a survey from The Motley Fool Ascent.
WASHINGTON—While information remains incomplete on just how big the risk might be for credit unions and their members, UnitedHealth Group has acknowledged that up to one-third of Americans could have had their personal data stolen as part of a data breach earlier this year.
WASHINGTON—Critics of credit union acquisitions of banks are conveniently ignoring the benefits, according to America’s Credit Unions.
ST. GEORGE, Utah–Authorities have indicted a Nevada man for a scheme that targeted credit unions and involved more than $7 million in stolen U.S. Treasury Checks.
MADISON, Wis.—The Worldwide Foundation for Credit Unions has announced that on July 23 it will recognize 25 awardees from four continents as the International Credit Union Development Educator (ICUDE) Class of 2024 at the Global DE Social event held in conjunction with the 2024 World Credit Union Conference (WCUC 2024) in Boston.
CAPITOLA, Calif.– Bay Federal Credit Union is reporting it is expanding into commercial real estate lending as part of an expanded business services line.
ALLENTOWN, Penn.–First Commonwealth FCU has launched a “Small-Minded Banking” campaign.
BURBANK, Calif.–Nine new positions for which credit unions are seeking candidates have been added to CUtoday.info’s the Gig just this week.