LAKE FOREST, Ill—Overdrafts have always collected the most revenue for all related service charges. Now, for the first time, credit card interchange has exceeded overdraft revenue to become the top money maker among all service charges, reports Moebs $ervices.
WASHINGTON–Credit unions are being especially wary as Congress returns to Washington with a limited legislative calendar in September and some potentially enormous bills to be considered.
CARMEL, Ind.–Credit unions and partner companies across the country have announced donations, physical assistance and even rolling barbecues to help victims of Hurricane Harvey.
WASHINGTON—NAFCU Chief Economist and Vice President of Research Curt Long said the latest jobs report – with disappointing results showing only 156,000 jobs added in August – could alter the timing of the next interest rate hike.
WASHINGTON—In response to the devastating aftermath of Hurricane Harvey, House Financial Services Committee Chairman Jeb Hensarling (R-TX), is set to propose a three-month extension to the National Flood Insurance Program (NFIP) before it expires at the end of the month.
BROOKFIELD, Wis.–Three credit unions have selected Fiserv to be their core processing provider. The company said the decisions were made to help “drive growth, efficiency and deliver an enhanced digital banking experience.”
FORT WAYNE, Ind.–Four credit unions have announced plans to become two as the result of mergers.
SAN DIEGO–The CEO of a credit union that is one of the few institutions in the country that serves the marijuana industry–and which has recently seen a surge in daily cash deposits to more than $3.5 million–shared some lessons learned and other thoughts with credit unions and state regulators here.
WASHINGTON—NAFCU's regulatory affairs team has a busy week ahead as it hosts a small-dollar loan working group discussion on Friday and meets with Financial Crimes Enforcement Network (FinCEN) Acting Director Jamal El-Hindi on Wednesday.
WASHINGTON—Credit Union Student Choice said it will host the third installment of its Empower U conference Sept. 27-28, 2017 at the InterContinental Hotel Chicago Magnificent Mile.
