WASHINGTON–A third round of stimulus checks in amounts up to $1,400 per person should start going out this month, according to President Joe Biden.
THE news
WASHINGTON—With a message that stressed the need to focus on financial well-being, CUNA CEO Jim Nussle said it’s no longer enough to simply tell the credit union story when meeting with state and national leaders--it’s time to back the discussions up with data to “paint an undeniable picture” of what credit unions are doing to help millions of Americans.
WASHINGTON —The House has passed the Democrat-supported $1.9-trillion stimulus package, which, should the bill pass the Senate, could mean a new wave of deposits into credit unions.
WASHINGTON— Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income totaled $59.9 billion in fourth quarter 2020, an increase of $5 billion (9.1%) from one year earlier, according to analysis released by the agency.
ARLINGTON, Va.—The new year is apparently driving new optimism among CU leaders toward the economy and their credit union’s future—although CU execs aren’t so rosy about their future regulatory burden.
ARLINGTON, Va. –The giant pandemic relief bill being pushed by the Biden Administration and the Democrats should pass a House vote this week and hit the Senate floor by mid-March, NAFCU is forecasting.
WASHINGTON–With fourth quarter data now in on credit union performance, 2020 concluded with four trends that deserve attention, according to an analysis released by Callahan & Associates.
ST. PETERSBURG, Fla.–A majority of credit union members and employees are struggling financially, according to a study released by PSCU that compared the financial health of credit union members and employees against a national benchmark.
LAWRENCEVILLE, Ga.—The used car market is already showing signs of strong used vehicle values this year.
NEW YORK—The pandemic’s economic hit is making an outsized impact on one generation’s debt, with a greater share of Millennials reporting they have added to their credit card debt since March compared with older generations.