NEW YORK—Only 52% of Americans have more money in emergency savings than in credit card debt, and 24% have more credit card debt than emergency savings.
Fresh Today
HOBOKEN, N.J.–Cosigners on student loans, who are most often family members, often end up hurting their own financial health as a result of co-signing and regret having done so.
ISLAND PARK, N.Y.–With the ending of the PSEGLI solar rebate in this market, a brand-new, solar-specific loan has been created by Nassau Financial FCU here and SunPower by EmPower Solar.
SEATTLE—Is Amazon looking to acquire Capital One? A report in Banking Technology indicates that is a possibility.
GRAND RAPIDS, Mich.–Over the course of the next several weeks, CU*Answers said its Web Services will be adding SSL certificates to all shared hosted credit union sites at no additional cost to their credit union clients.
ANCHORAGE, Alaska–A former employee of Credit Union 1 here has been sentenced for embezzling more than $100,000.
TOLEDO, Ohio–Directions Credit Union will become the first tenant to occupy the redeveloped, 28-story Fiberglas Tower when it moves its headquarters to downtown Toledo later this year or in early 2018.
HERNDON, Va.–Northwest FCU here is marking its 70th anniversary by joining with community partners, members and employees in what it is calling “70 Acts of We.”
TYSONS, Va.–Pentagon Federal Credit Union has rolled out a new flagship credit card: the PenFed Power Cash Rewards Visa Signature Card, which provides consumers cash back on every purchase they make, with no limits such as spending caps.
WASHINGTON–The Fed is likely to raise its benchmark interest rate when it meets later this month.