NEW YORK—Fraud isn’t just about the lone scammer anymore. It’s going viral.
THE feature
Government shutdowns have become unsettlingly routine in recent years, throwing thousands of military families and federal employees into financial limbo. Paychecks are delayed, bills pile up, and uncertainty hangs in the air. But amid the turmoil, one group of institutions consistently answers the call as financial first responders: America’s credit unions.
SOUTH BEND, Ind.— Credit unions may be facing a growing compliance problem—and many don’t even know it.
CARMEL, Ind.—Credit union auto lending, long considered a reliable cornerstone of the movement’s lending strategies, is facing an era of profound change. Every corner of the market is under pressure—falling vehicle values, shifting consumer behaviors, rising insurance costs, and intensifying regulatory scrutiny are converging in ways industry leaders say they’ve never experienced before.
LAKE TAPPS, Wash.—What’s fueling credit union bank acquisitions this year, and where are the pressure points that could slow the pace?
WASHINGTON— Credit unions say member requests for shutdown relief remain limited, which may reflect expectations of a quick resolution—or uncertainty as workers await possible reduction-in-force (RIF) layoffs.
WASHINGTON— What credit unions and their trade groups had warned about earlier this week has now come to pass: the government has shut down after lawmakers failed to reach a budget deal by the Tuesday midnight EST deadline.
Study Warns Credit Unions Losing Ground With Gen Z, Millennials—But Shows Path For Them To Reconnect
HERNDON, Va.— Millennials and Gen Z are increasingly turning away from credit unions, with membership among younger consumers falling sharply and many perceiving the institutions as outdated or out of step with their values, according to a new Sogolytics study.
PHILADELPHIA—As legacy financial institutions experiment with new ways to stay relevant to younger consumers, a trend with potentially far-reaching implications is gaining traction: Bitcoin rewards.
WASHINGTON—Credit unions are preparing to support members through what appears to be an imminent government shutdown. But this round may prove more challenging for both members and credit unions as new details emerge from Washington.