NEW YORK—With Christmas nearly here, more shoppers are requesting increased credit limits as lenders get stingier about issuing them new cards, a new report has found.
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MADISON, Wis.–After years of discussion around “excessive savings” held by the average consumer, that talk is now finished, according to TruStage’s chief economist, who is predicting a decline in member savings in 2024.
RALEIGH, N.C.–Leigh Brady, president and CEO of State Employees’ Credit Union, has issued a statement clarifying comments she made during an earlier interview with CUToday.info.
SEATTLE –More than $525,000 has been donated to member-nominated non-profits as part of BECU’s 10th annual People Helping People awards.
ARLINGTON, Va.—Total vehicle sales decreased 100,000 annualized units in November and monthly sales levels were up 7.4% year over year, new data show.
WASHINGTON—Following a busy student lending season, CU Student Choice rewarded three of its credit union partners with food truck meals for their employees.
NEW YORK–With the talk among credit unions and other employers having recently been all about “quiet quitting,” the “great resignation” and the “war for talent,” many employers say they are now being challenged by just the opposite: not enough workers are leaving.
PURCHASE, N.Y.—Credit unions may want to adjust their card promotions after new data show U.S. retail sales on Black Friday were up 2.5% year-over-year excluding automotive, not adjusted for inflation, according to Mastercard’s SpendingPulse data.
NEW YORK–Amidst all the other reports of people struggling to buy homes, there is another growing group that is being overlooked—the percentage of Americans who own their homes outright—according to a new report.
CORPUS CHRISTI, Texas–Approximately 200 members had some or all of their funds emptied out of their accounts at Rally Credit Union here as the result of what the credit union said was debit cards that had been skimmed locally.