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CHICAGO–Consumer concerns about inflation and interest rates reached their highest levels in two years, and yet 55% of Americans remain optimistic about their household finances over the next year—although there is a widening gap in perceptions, according to TransUnion’s newly released Q2 2024 Consumer Pulse study.

DETROIT—While the Federal Trade Commission (FTC) has issued a final rule banning noncompete clauses in contracts nationwide, the impact the rule might have on credit unions won’t be answered for several months, one attorney says.

PLANO, Texas–The reason behind the decrease in credit union net operating return will “come as a surprise” to many, according to one analyst.

ALEXANDRIA, Va.–A new analysis released by NCUA shows that at  federally insured credit unions, assets and shares and deposits declined at the median over the year ending in the first quarter of 2024, while loans rose by 4% at the median, according to NCUA’s just-released Quarterly U.S. Map Review.

NEW YORK—Retail shoppers making purchases using digital wallets have shifted from favoring PayPal to Apple Pay, according to a new report, which further found only the latter continues to gain share.

SAN FRANCISCO–Wells Fargo is reporting it fired more than a dozen employees for using keyboard software to fake that they were working remotely.

RICHMOND, Va.–The Virginia Credit Union League said it will host its EMERGE Conference for Emerging Professionals from June 26-27 at the Richmond Marriott in Richmond, Va.