ARLINGTON, Va.—Credit union performance data through the third quarter show the industry is well prepared for any soft economic landing, according to a NAFCU analysis.
Fresh Today
NEW YORK–When it comes to homeownership, “math no longer works,” according to one new analysis.
ARLINGTON, Va.—Total retail sales increased 0.3% in November, compared to a 0.2% decline in October.
WASHINGTON—A new analysis from the independent Congressional Research Service has found few benefits from the interchange legislation being backed by Sens. Roger Marshall (R-KS) and Dick Durbin (D-IL).
PURCHASE, N.Y.—Mastercard and the Japanese technology group NEC are reportedly planning to launch a store checkout system using facial recognition, starting with trials next year in potential markets like Singapore, Indonesia and elsewhere in Asia.
GRAND BLANC, Mich.– Dort Financial Credit Union is reporting it has completed its acquisition of Flagler Bank 1,350-miles south in West Palm Beach, Florida. With the acquisition, Dort Financial Credit Union’s assets have topped $2 billion, with 15 locations in two states.
WASHINGTON— The Consumer Financial Protection Bureau (CFPB) said it has taken action against a medical debt collector, Commonwealth Financial Systems, for what it said was illegally trying to collect unverified medical debts after consumers disputed the validity of the debts.
MAUI, Hawaii–During its meeting here not far from where wildfires destroyed an entire town along with the homes and livelihood of many, attendees at the CUES Director Conference raised funds to help with the recovery.
WASHINGTON – A coalition of consumer groups is applauding efforts in Congress to rein in the use of forced arbitration clauses by financial institutions and other financial services providers.
WASHINGTON –In its role as receiver for the failed Signature Bank in New York, the FDIC said it has completed one of several transactions following the marketing of the $33 billion commercial real estate (CRE) loan portfolio.