WASHINGTON—Students face risk when entering into agreements with colleges to spread the upfront cost of tuition into several, interest-free loan payments, according to a new report from the Consumer Financial Protection Bureau (CFPB).
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WASHINGTON—Ahead of this week’s House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion hearing on the implications of a central bank digital currency (CBDC), NAFCU has again expressed its opposition to the development of any CBDC, saying the net costs will exceed the benefits.
ST. PAUL, Minn.–Hiway Credit Union is reporting that 81.2% of its voting members voted in favor of merging into Falcon Heights, Minn.-based SPIRE Credit Union.
WINSTON-SALEM, N.C. –Truliant Federal Credit Union has released its first Corporate Social Responsibility (CSR) report, saying it is seeking to highlight the benefits of Truliant’s social, environmental and community efforts.
DENVER–Westerra Credit Union has launched a “Money Market Select” account it said is designed to let its members earn while they spend by maximizing the value of their daily transactions.
SAN FRANCISCO–The number of hybrid jobs has surged, according to a new report.
ALEXANDRIA, Va. –– While aggregate assets in federally insured credit unions continued to grow during the year ending in the second quarter of 2023, at the median, assets declined 1.0%, according to NCUA’s newly released Quarterly U.S. Map Review
WASHINGTON — The U.S. is likely to dodge a recession even as economic momentum slows over the next few quarters, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee.
TROY, Mich.–A new, first-of-its-kind study by J.D. Power offers some insights into how consumers make the payment method choices they do and what drives their behavior.
WASHINGTON—A long-time credit union supporter, House Financial Services Committee member Rep. Brad Sherman (D-CA) told NAFCU’s Congressional Caucus he remains committed to protecting credit unions’ tax-exempt status.