TruStage Economist Offers Deeper Look at What’s Driving Fed, Declines in Member Savings 10/11/2023 07:20 pm MADISON–Credit unions have been offered a primer in what drives economies and inflation and what is motivating the Federal Reserve.
Effects of Resumption of Student Loan Payments Can be Seen in New Consumer Credit Numbers 10/11/2023 07:20 pm ARLINGTON, Va.—Total consumer credit fell 3.8% in August at a seasonally-adjusted annualized rate and is up 4% compared to a year ago.
A Majority of Americans Say They are No Longer Actively Saving for a Home 10/11/2023 07:20 pm ANN ARBOR, Mich.–A majority of Americans say they are no longer actively saving for a home, according to a new report.
Why Rodney Hood's Term on NCUA Board Deserves Recognition 10/11/2023 08:53 pm With the recent nomination of Tanya Otsuka to the NCUA Board, the end of Board Member Rodney Hood’s second tour on the board is coming into focus.
In Dispute Over Lending Policy Changes at SECU, 3 Challengers Oust Incumbent Board Members Following Vote 10/12/2023 09:08 am RALEIGH, N.C.–All three people who ran as challengers in the board elections at State Employees’ Credit Union here have won seats on the board, ousting three incumbent board members.
Usage-Based Insurance Policies Being Suggested 10/11/2023 08:20 pm WEST WINDSOR TOWNSHIP, N.J.—Lenders can benefit from the fact most cars manufactured since 2016 have the technology to share detailed data on the vehicle itself, according to one expert—but it will require borrowers to take out usage-based insurance policies.
Advisory Opinion on Imposing ‘Excessive Fees’ is Issued by CFPB; NAFCU Calls Move a ‘Power Grab,' CUNA Expresses 'Significant Concern' 10/11/2023 08:17 pm WASHINGTON–The Consumer Financial Protection Bureau (CFPB) has issued an advisory opinion regarding a provision enacted by Congress that generally prohibits large banks and credit unions from imposing “unreasonable obstacles on customers,” such as charging excessive fees, for basic information about their own accounts.
Used Vehicle Values Continue to Downshift, But Rate of Decline Slows 10/11/2023 07:26 pm LAWRENCEVILLE, Ga.—After a record decline in used vehicle values in August, used prices slipped again in September, but not as much, as the United Auto Workers strike affected car values, Black Book reported.
Suncoast Partners With Tampa Bay Rays to Raise Funds 10/12/2023 10:04 am TAMPA, Fla.— Suncoast Credit Union partnered with the Tampa Bay Rays for the ‘Every Hit Is A Win with Suncoast’ program, which has concluded after a successful first year with 15 Florida non-profit organizations benefiting each time the Rays made a hit.