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ATLANTA—As car prices continue to hit the gas, more than ever consumers are shopping by payment. What that means, according to one expert, is credit unions need to do a better job of getting the payment information in front of members.

WASHINGTON—A group of 15 Senate Republicans has joined together to send a letter to Senate Majority Leader Chuck Schumer (D -NY), House Speaker Nancy Pelosi (D-CA), and the Senate and House Small Business Committee Chairs, Ben Cardin (D-MD) and Nydia Velasquez (D-NY) to express concerns against a proposal included in the Build Back Better Act that would grant the Small Business Administration (SBA) direct-lending abilities.

WASHINGTON—Total consumer credit rose 4%, at a seasonally-adjusted, annualized rate, in August and is up 4.9% compared to a year ago. Revolving credit, primarily credit cards, rose 3.6% during the month and is up 2.1% compared to August 2020.

HEBER CITY, Utah – America First Credit Union celebrated the grand opening of its newest branch here with a ribbon-cutting celebration.

NEW YORK—As experts debate over how much of a threat buy now, pay later (BNPL) services are to credit cards, one major bank is offering some insights into what it really taking place in the rapidly growing market.

OCALA, Fla.--Ocala Community Credit Union Bookkeeping/Back Office employee Mayra Lorenzo has been certified as an Accredited ACH Professional.

RALEIGH, N.C.– The SECU Foundation said it has joined the collaborative efforts of UNC Health Foundation and other key organizations for a new telemedicine pilot addressing child and adolescent behavioral health issues for North Carolina public school students.