CHICAGO–During the third quarter of 2022 more consumers turned to unsecured personal loans and credit cards as a means to help stave off the financial pressures brought on by inflation, according to a new report from TransUnion.
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ST. LOUIS—The Federal Reserve rate hikes are having an uneven effect on different forms of debt.
WASHINGTON–Not surprisingly, the nation’s banks are reporting they tightened standards for many types of loans during the third quarter, while loan demand also weakened, according to the latest Senior Loan Officer Opinion Survey on Bank Lending Standards, released by the Federal Reserve, according to report issued Monday by the Federal Reserve.
WASHINGTON—Credit unions support the “whole-of-government” approach to digital assets to ensure appropriate oversight and regulation of the marketplace, CUNA wrote to the Treasury’s Office of Strategic Policy, Terrorist Financing and Financial Crimes.
RYE, N.Y. – USALLIANCE FCU said it is seeking to merge with Rockville, Md.-based Marriott Employees’ FCU, pending a vote by MEFCU’s members.
TAMPA, Fla.– Trellance, a provider of data analytics and business intelligence solutions for credit unions, said it has entered into a definitive agreement to acquire the assets of 2020 Analytics, a Tampa-based loan portfolio analytics service provider.
NOTRE DAME, Ind. – Once again this college football season, when the Notre Dame Fighting Irish and the University of Southern California Trojans face off, off the field Notre Dame FCU and USC Credit Union will also be battling--for charity.
EAST LANSING, Mich. — Michigan State University FCU said it has entered into name, image and likeness (NIL) agreements with eligible players on the Michigan State University women’s basketball team for the 2022-2023 season.
RALEIGH, N.C.– State Employees Credit Union has announced its first-ever holiday toy drive at its 273 branches spread across all 100 counties in North Carolina.
FRISCO, Texas–NCUA Board Member Rodney Hood outlined for credit unions here where he sees opportunities for CUs and fintechs to partner to build and improve financial inclusion.