WASHINGTON — President Donald Trump on Friday renewed a campaign promise to cap credit card interest rates, calling for a one-year limit of 10% beginning Jan. 20, though he offered no details on how such a cap would be enforced or implemented.
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HANSCOM AFB, Mass.—The arrival of the $1,776 “1776 Warrior Bonus” landed differently this winter at Hanscom Federal Credit Union. Instead of fueling holiday spending, much of the money went straight into savings accounts—a sharp break from normal December behavior.
PETERBOROUGH, N.H.—For more than a decade, debit rewards have lived in the shadow of their more glamorous counterpart—credit card loyalty programs. But the landscape is shifting, and payments experts say credit unions, especially those under the $10-billion Durbin threshold, are now positioned to capture an opportunity hiding in plain sight.
TROY, Mich.—Big banks have spent years trying to buy their way out of a reputation problem: higher fees, lower trust, and “good luck reaching a human.” Now, new J.D. Power data suggest they’re finally moving the needle.
SANTA MONICA, Calif. — Auto lenders closed out 2025 facing a borrower base under growing strain, as record monthly payments, higher balances, and longer loan terms reshaped new-vehicle financing in the fourth quarter, according to new data from Edmunds.
SCOTTSDALE, Ariz—A new Cornerstone Advisors whitepaper argues that the future of the U.S. financial system will be shaped by banks and credit unions that learn to operate less like traditional financial institutions and more like technology companies.
CHICAGO—The countdown to midnight is easy to enjoy. The first account statement of the new year, less so. As 2025 winds down, credit unions are preparing members for 2026 with a familiar but deliberate message: Skip the sweeping resolutions and focus instead on building one sustainable financial habit.
WASHINGTON—For credit unions and their members, the penny’s long goodbye is no longer theoretical—it’s operational.
ST. PETERSBURG, Fla.—For decades, credit unions have fought a familiar battle: figuring out whether the person initiating a payment is actually a person—a legitimate member, not a fraudster.
NORTH POLE—Snowflakes may melt, but December budgets don’t—and credit unions know it. As Christmas arrives, cooperatives across the country are once again blending financial practicality with festive spirit, offering everything from holiday loans and payment relief to food drives, giving trees, and even photos with Santa.