TAMPA, Fla.— Suncoast Credit Union has gone to bat with a partnership program with The Tampa Bay Rays called “Every Hit is a Win with Suncoast” that raises funds for charities.
THE news
NEW YORK–As CUToday.info has reported, in the wake of the failure of two banks, small and midsize U.S. banks lost hundreds of billions of dollars in recent weeks as funds flowed to larger banks and money market funds with higher yields. Now many of those smaller institutions—a relative term when CUs and banks are compared—are being forced to raise interest rates in order to stem the outflows, according to one new analysis.
CHICAGO–Millennials feel “more obligated to responsibly manage their finances” than do other generations, according to survey conducted by Alliant Credit Union.
NEW YORK—Renters saw their credit scores significantly boosted after property managers started reporting their payment histories to credit bureaus, new data reveal.
WASHINGTON—Credit union loans outstanding increased 0.5% in January compared to a 1.1% increase in December 2022, and a 0.6% increase in January 2022, according to CUNA's latest Monthly Credit Union Estimates.
WASHINGTON–Americans are more optimistic—although that’s relative—when it comes to buying and selling houses.
MADISON, Wis.–The Global Women’s Leadership Network (GWLN) has awarded 12 scholarships to industry women, which officially makes them members of the Network and provides them with opportunities for professional development, networking and skill diversification, the organization said.
WASHINGTON—A recession may be a little further off in 2023, but the likelihood of an economic downturn is now greater due to the recent issues among banks, according to a new forecast from Fannie Mae, which added the bank troubles may eventually resemble the savings & loan crisis from the 1980s.
NEW YORK–The root cause for ongoing inventory and pricing issues in the U.S. used vehicle market, which has been a barometer for the country's inflation levels, will not be letting up anytime soon, according to one new analysis.
NEW YORK—In the wake of the collapse of at least one U.S. banks as a result of its crypto investments, many cryptocurrency firms in the U.S. are now seeking bank accounts offshore, according to a new report.