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LAKE FOREST, Ill.–The “fabric of financial institutions” will continue to change in 2022, according to one person, who said credit union leaders must be prepared for new fintech competition, what rising oil prices will mean, and even a change in the marketplace not seen since the 19th century. 

WASHINGTON–Mortgage rates in the U.S. hit their highest levels since May 2020, helping to drive up the costs of buying a home at the same time home prices are already near record highs.

WILLISTON, Vt.– New England FCU has announced a number of year-end donations for 2021.

WASHINGTON--Ligia Vado, Ph.D., has joined the Credit Union National Association as Senior Economist.

WASHINGTON–CUNA has announced that those planning to attend its annual Governmental Affairs Conference, which begins at the end of February, will need to provide proof of vaccination against the coronavirus in order to attend.

LAKE FOREST, Ill.—The nation’s second-largest bank, the $2.16-trillion Bank of America, announced it has lowered its OD fee to $10 per transaction from $35 in a move one expert believes will be followed by even more financial institutions either dropping or eliminating their overdraft charges.

WASHINGTON–Federal Reserve Chairman Jerome Powell has sent the clearest signal yet that rates will be on the rise this year, while also defending himself before Congress over how the Fed missed the mark so badly on inflation.