Fed Said To Be In ‘Holding Pattern’ When it Comes To Rates 07/07/2016 08:12 pm WASHINGTON–The Federal Reserve is in a “holding pattern” heading toward its July policy meeting in the wake of mixed economic data and the vote by the United Kingdom to exit the European Union.
CU Member Files Potential Class Action Over Overdraft Fee 07/07/2016 08:13 pm SAN FRANCISCO – A member of Baxter Credit Union here is alleging it charged her an overdraft fee despite her account having enough money for the transaction, and has filed a class action complaint in court.
Retailers Say Card Industry Has ‘Dropped the Ball’ On EMV 07/07/2016 08:14 pm WASHINGTON–Retailers have done their job when it comes to moving to EMV credit card terminals, but the “card industry has dropped the ball,” according to the National Retail Federation.
Mortgage Apps Hit 18-Month High 07/07/2016 08:15 pm WASHINGTON–Mortgage applications have jumped to an 18-month high, and the vote in the U.K. to exit the European Union is being largely credited for the volume.
Panel Talks Debit Cards, EMV, and 'Capacity of the Mind' 07/07/2016 08:41 pm NASHVILLE, Tenn.—Credit unions were offered some insight here on what’s going on in debit cards, where issues remain with EMV, and even some thoughts related to what’s known as “capacity of the mind.”
Study: Advisors Inside CUs Now Better Positioned Than Those At Banks 07/15/2016 01:48 am CHAPEL HILL, N.C.—Financial advisors inside credit unions appear to be better positioned to adapt to the Department of Labor's fiduciary standard for qualified retirement accounts than those working inside banks, according to a new study.
An Intelligent Approach to Business Analytics 07/07/2016 08:50 pm I have to admit: it becomes quite confusing when discussing predictive analytics or business intelligence.
CUs Offer Lowest-Fee Checking, Report Finds 07/08/2016 10:02 am WASHINGTON—Credit unions continue to offer the lowest-fee checking products that carry the best rates among branch-based institutions, a new report indicates.