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ST. PETERBURG, Fla.– Consumer spending in debit accelerated in May 2024 while credit spending softened, yet “remained positive,” according to the newest Velera Payments Index.

WILMINGTON, N.C. —While approximately 80% of Gen Z and 75% of Millennials have chosen a large bank as their primary financial institution, 52% are willing to switch to a community bank, 50% to an online-only institution and 47% to credit union, according to a new survey.

NEW YORK–It isn’t just credit union call centers being inundated with members disputing credit card charges—the volume of calls is surging everywhere.

LVIV OBLAST, Ukraine– Credit Union Anisia has issued the very first credit union loan to a legal entity in Ukraine as the result of efforts the World Council of Credit Unions said it and the USAID/WOCCU Credit for Agriculture Producers (CAP) Project said they have led.

LONDON–Consumers are increasingly using mobile wallets such as Apple Pay and Google Pay to make payments, and the reasons won’t come as much of a surprise to anyone, new research has found—and perhaps neither will the threat to traditional financial services providers.

WASHINGTON–In a case that has had the attention of credit unions, the Supreme Court thas turned away what has been a longstanding legal precedent and as a result reduced the power of executive government agencies—potentially including NCUA--and in the process raising countless questions around regulations.

NEW ORLEANS - New Orleans Firemen’s Federal Credit Union has named the 11 outstanding recipients of the Donald T. Bock Scholarship Program for 2024.