U.S. Bank Expands its Partnership With Edward Jones 09/10/2024 07:29 pm MINNEAPOLIS, Minn.—U.S. Bank has expanded its partnership with financial advisor Edward Jones.
Americans Express New Optimism About Future of Rates, But Little Change in Sentiment Over Buying a Home 09/10/2024 07:34 pm WASHINGTON—The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.6 points in August to 72.1, as consumers reported significantly greater optimism about the future direction of mortgage rates despite showing little change in overall homebuying sentiment, Fannie Mae reported.
Actual Amount Merchants Paying in Swipe Fees is a Third Higher Than Believed, According to Report 09/10/2024 07:33 pm WASHINGTON–The actual amount merchants spend on “swipe fees” paid to big banks and card networks to process credit and debit card transactions is actually a third-larger than been previously estimated, according to a new report released by the Merchants Payments Coalition.
Here’s What Americans Have to Say About the Fed’s Anticipated Move to Cut Rates 09/10/2024 07:33 pm MIAMI–After 11 interest rate increases since early 2022, the Federal Reserve is widely expected to announce a rate cut when it meets next week—but not all Americans agree that’s a good thing.
#ILoveMyCredit Union Social Media Campaign Reached More Than 4-Million People 09/10/2024 07:33 pm NAPERVILLE, Ill.–The annual #ILoveMyCreditUnion social media campaign was a “resounding success,” according to the Illinois CU League, which is reporting more than four-million people were reached.
United Credit Union Introduces a New Name, Brand 09/10/2024 08:15 pm CHICAGO – United Credit Union has announced a new name and brand.
SEC Foundation Awards $250K Grant to Feeding the Carolinas 09/10/2024 09:25 pm RALEIGH, N.C.– The SECU Foundation has awarded a $250,000 grant to Feeding the Carolinas (FTC) for the non-profit’s disaster preparedness efforts in North Carolina.
Mortgage Servicing Rules Proposal Will Create Uncertainty, Help Bad Actors, ACU Tells CFPB 09/10/2024 07:33 pm WASHINGTON—The CFPB’s mortgage servicing rules proposal would eliminate existing processes and system mortgage processors have used for years, inviting regulatory uncertainty and protections for bad actors, according to America’s Credit Unions.
VolCorp Says It’s Going the ‘Second Mile’ With Fee Holiday During Q4 09/10/2024 07:48 pm NASHVILLE—VolCorp said it will provide its members with a “fee holiday” during the fourth quarter of 2024.
Growing Number of P2P Payment Users Report They Have Been Scammed or Targeted by Scammers 09/10/2024 07:32 pm NEW YORK—A majority of peer-to-peer payment app users have reported dealing with scammers, according to new research.
