WASHINGTON–The nation’s banks reported a decline in net income of nearly 41% in the fourth quarter as compared to the same period in 2016, due largely to the new tax laws, according to the FDIC.
Fresh Today
WASHINGTON–Millennials are much discussed within the credit union community, but one person said the discussion is often off-base or even wrong.
WASHINGTON—A report published this week by the U.S. Government Accountability Office (GAO) recommended that depository institution regulators review the regulatory burden facing credit unions and other financial institutions and better explain the reasoning behind their regulatory actions.
WASHINGTON—Federal Reserve Chairman Jerome Powell indicated a positive economic outlook when delivering testimony this week before the House Financial Services Committee.
ONTARIO, Canada–Kawartha Credit Union here has selected Fiserv as its new technology provider.
ALEXANDRIA, Va.—Another taxi-medallion CU has been liquidated.
ALEXANDRIA, Va.—NCUA has issued two prohibition orders and two notices of prohibition.
WASHINGTON–So, you’re a big, sophisticated credit union. That’s cool, said one person, but there are still challenges to be met.
TYSONS, Va.–A new consumer survey has found that while three out of four adults feel financially insecure, the majority (59%) is optimistic their financial situation will get better over the next year.
ATLANTA—Expect more used car financing in 2018, as well as a decline in leasing, according to a new report.