WASHINGTON—Small businesses outlook for their enterprises remained steady in June, the National Federation of Independent Business reported.
Fresh Today
MADISON, Wis. –Filene Research Institute has officially launched its Center for Member Well-Being, led by fellow Dr. Mathieu Despard of Washington University in St. Louis.
RALEIGH, N.C.--The $4-billion Civic Credit Union is facing a wave of backlash and mounting frustration from former members of Local Government Federal Credit Union following completion of the merger between the two organizations on June 2.
SAN FRANCISCO — Wells Fargo is facing a new lawsuit in California that accuses the bank of quietly charging improper “float fees” to mortgage borrowers for years—and then attempting to cover it up with vague refund notices and unexplained payments, HousingWire reported.
ALEXANDRIA, Va.--Noting that the GENIUS Act places credit unions on equal footing with other financial institutions regarding digital assets, America's Credit Unions sent a letter to NCUA urging the regulator to promptly initiate rulemaking to allow credit unions to take custody of digital assets for their members.
ST. PETERSBURG, Fla.--Consumer spending remained slow in June, with debit card activity declining from its peak in January as the downward trend continues, according to data from the July edition of the Velera Payments Index.
NEW CUMBERLAND, Pa.--The $230-million New Cumberland Federal Credit Union has become a member of the Defense Credit Union Council, DCUC said.
NAPERVILLE, Ill.--Friday marked the settlement of Alloya’s first multi-issuer auto loan asset-backed securitization (ABS), fully funded after being well oversubscribed by investors, the corporate CU stated.
WASHINGTON—Credit union priorities surged forward in the U.S. House this week, as lawmakers passed a trio of high-impact bills shaping the future of digital finance, data privacy, and regulatory clarity—advancing the GENIUS Act to the president’s desk and sending the CLARITY Act and Anti-CBDC Surveillance State Act to the Senate.
WASHINGTON— A quiet but growing storm is gathering on consumer balance sheets, and it's being driven by student loan delinquencies—threatening to shake not just household finances, but the broader economy and the liquidity stability of credit unions, one economist asserts.