Advanced search

WASHINGTON—There is a single question credit unions frequently ask prospective members that is thwarting membership growth, according to one person, who added the way credit unions also take other steps only make the problem worse.

MADISON, Wis.– Wisconsin Gov. Tony Evers presented UW Credit Union with the 2021 Governor’s Financial Literacy Award in a virtual ceremony. 

LOWELL, Mass.–Two Massachusetts CUs are seeking to merge and to create what would be a billion-dollar credit union.

WASHINGTON—Concerns over the CFPB’s proposed rule under section 1071, as well as support for legislation to provide member business cap lending relief for credit unions have been expressed in a letter from NAFCU to the House Financial Services Subcommittee on Consumer Protections and Financial Institutions.

WASHINGTON—Mission-driven Community Development Financial Institution (CDFIs) and Minority Depository Institutions (MDIs) have transformative potential, HOPE CEO Bill Bynum told members of the House Financial Services Committee this week.

WASHINGTON—Total retail sales rose by 3.8% in January, following a decline of 2.5% in December and a 0.7% increase in November.

COMACHUÉN, Mexico — Mexico’s remittances — the money Mexican immigrants in the U.S. and other countries send home to their relatives — have soared in the past two years, and are now expected to top $50 billion for the first time once 2021′s figures are added up.