LAWRENCEVILLE, Ga.--Black Book, a division of Hearst, said its seasonally adjusted Used Vehicle Retention Index rose 2.3% in February to 145.0, up from 141.7 in January. Despite the monthly increase, the index remains 1.0% below its level a year earlier, when it stood at 146.4.
Fresh Today
WASHINGTON— A bipartisan group of 14 U.S. senators has reintroduced legislation that would require the FDIC to claw back compensation from executives at failed large banks, reviving a post-Silicon Valley Bank reform effort that stalled in the last Congress.
WASHINGTON--This week, the Defense Credit Union Council filed a comment letter with the Federal Reserve in response to its request for information regarding the future of the Federal Reserve Banks' check services and whether further investments in those services are warranted as the payments system evolves.
SAN DIEGO--InvestiFi, a leading provider of digital investment solutions for financial institutions, was recognized by the Independent Community Bankers of America during its recent ThinkTECH Showcase at ICBA LIVE here as the program’s Most Valuable Participant.
WASHINGTON— Mortgage applications increased 3.2 % from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 6.
WASHINGTON— A key Senate Democrat is signaling that lawmakers may be nearing a compromise in the increasingly contentious fight over whether crypto firms should be allowed to offer stablecoin “rewards” that banks and credit unions warn could drain deposits from traditional financial institutions.
WASHINGTON--The Internal Revenue Service issued the first two proposed rules related to Trump Accounts, the tax-advantaged savings and investment accounts created by H.R. 1.
WASHINGTON--As the Senate continues accepting amendments for a housing bill, a letter from America’s Credit Unions urges senators to support one that would improve credit union access through NCUA’s Central Liquidity Facility (CLF).
MIAMI--With household budgets stretched by high prices and lingering debt, many Americans say their financial safety net is fraying.
DALLAS—CU1 has selected the Prospera wealth platform from BankSocial, deepening its strategic partnership with the fintech firm and expanding its digital investment capabilities.