NEW YORK--Rising consumer pessimism is reshaping household financial behavior heading into 2026, with inflation, stagnant incomes, and debt weighing heavily on Americans’ outlook—signals financial institutions may see reflected in borrowing, saving, and advisory demand.
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CHADDS FORD, Pa. — Franklin Mint FCU here has named Drew Stanley as its next president and chief executive officer, setting the stage for a planned leadership transition as longtime CEO Michael B. Magnavita prepares to retire next spring.
PORT ANGELES, Wash. – The $100-million Strait View CU here has agreed to merge with $250-milion Great NorthWest Credit Union, headquartered in Aberdeen, Wash.
MIAMI—As consumers look to boost spending power heading into the holiday season, a new report from personal-finance site WalletHub finds that Americans are holding—and opening—credit cards at an accelerating pace, with notable variation by state that could signal heightened risks of overspending or missed payments.
LOS ANGELES—The $1.2-billion University Credit Union has named Richard Wada president and CEO, the CU announced.
RESTON, Va.—Consumers in the United States, the United Kingdom and Australia overwhelmingly want simpler ways to pay, regardless of where or how transactions occur, according to new research released by Transaction Network Services.
MADISON, Wis.—The National Credit Union Foundation certified 40 credit union leaders as Credit Union Development Educators (CUDEs) after completing the Foundation’s signature Development Education (DE) program in the year’s only virtual class.
COLORADO SPRINGS, Colo. — A suspected robber attempted to break into a Colorado Springs credit union branch on Christmas Eve, wearing a disguise and fleeing in a holiday-decorated vehicle, according to reporting by KOAA News 5.
MCLEAN, Va.--The 30-year fixed-rate mortgage fell this week, averaging 6.18%, Freddie Mac reported.
WASHINGTON — Mortgage applications decreased 5.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 19, 2025.