MADISON, Wis.–In the year ending with November 2022 membership in credit unions grew at its fastest pace since 1985, but that growth is projected to slow in 2023, according to CUNA Mutual’s newest Trends Report.
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NEW YORK–With most checking accounts continuing to pay little to no interest, an increasing number of consumers are moving their day-to-day funds to brokerage accounts in order to get higher returns, according to a new report.
NEW YORK–The nation’s biggest banks have been tightening loan underwriting standards and adding to their allowances for loan losses in preparation for potential problems with credit card loans in the future, according to a new analysis.
SAN DIEGO– BluPeak Credit Union has announced that as part of its pledge to be a purpose-driven financial institution, it will be donating 1% of its 2023 revenue to support charitable organizations promoting access to clean water.
ST. LOUIS–High interest rates have become the number-one obstacle between Millennials and home ownership, according to a new survey of 1,000 homebuyers.
NEW YORK – Inclusiv has introduced the Financial Inclusion Technology (FIT) Center, which it said is designed to expand financial inclusion in member credit union communities.
DETROIT–Community Financial Credit Union has entered into a partnership with NINE Design+ Homes, a retail store and design studio that is HGTV’s Bargain Block show, in an effort to help Michiganders attain affordable housing.
RAPID CITY, S.D.–Jennifer Walz, who began her career as a part-time teller with Minuteman Credit Union, has now been named its new president and CEO—succeeding her mother in the position.
STURGIS, S.D.–Six more open C-suite positions for which credit unions are seeking candidates have just been added to CUToday.info’s free job board, the Gig.
HARAHAN, La.–Less than a year after joining the Louisiana Credit Union League as its new CEO, Matt Rookard has left the organization.