NEW YORK—Recession concerns—and the hard lessons learned by many—continue to move further into the rear view mirror as a new report shows consumers are taking on larger balances for auto loans and credit cards, pushing overall household debt levels higher.
Fresh Today
SOUTHFIELD, Mich.–Public voting has opened in the second annual “Love My Credit Union Campaign,” with $122,500 up for grabs.
LANSING, Mich.–The Michigan CU League this month will be sponsoring a series of events put on by the Department of Insurance and Financial Services (DIFS) aimed at helping more people be prepared for retirement.
DES MOINES, Iowa–TMG CEO Shazia Manus has been named as a finalist in the Female Executive of the Year – Business Services category in the 13th annual Stevie Awards for Women in Business.
SAN FRANCISCO—John Stumpf, the embattled chairman and CEO of Wells Fargo who has been slammed by Congress for the scandal in which bank employees created more than two million sham accounts, has resigned.
SEATAC, Wash.–The divides and changes in the country that are raw and obvious this year aren’t going to go away with the November elections.
SEATAC, Wash.–CUNA Mutual CEO Bob Trunzo outlined for credit unions here where the company is investing its—and its member-owner CUs’—dollars.
SEATAC, Wash.–For the first time ever, the governor of Washington addressed credit unions gathered here for their annual meeting.
WASHINGTON—The Federal Housing Finance Agency (FHFA) should work to ensure that Fannie Mae and Freddie Mac activities, including credit risk transfers, do not give advantages to lenders that conduct larger amount of business with the enterprises, asserts CUNA.
WASHINGTON–The Consumer Bankers Association and the American Bankers Association have told the CFPB they oppose proposed changes to the agency’s current complaint intake form.