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WASHINGTON–Retail sales held up better in July than many had expected as inflation slowed, according to new Commerce Department data.

IDAHO FALLS, Idaho— East Idaho Credit Union has announced a new name and brand: Frontier Credit Union.

WASHINGTON--The Federal Trade Commission will require Experian Consumer Services, which offers consumers access to their Experian credit information, to pay $650,000 to settle charges it sent consumers unsolicited email without offering them a way to opt out of such messages.

HARRISBURG, Penn.—A growing number of credit unions in this region are being deposed for a class-action lawsuit involving alleged missing information in its repossession notification letters, according to the CrossState CU Association.

NEW YORK–Economists at Goldman Sachs are predicting the Federal Reserve will cut interest rates in the second quarter of 2024, regardless of whether the U.S. economy enters a recession.

MADISON, Wis.–The World Council of Credit Unions will hold a webinar today titled “Navigating the Changing Landscape of Services Marketing in the Credit Union Industry.”

CHICAGO–Consumers who are new to credit or early in their credit journeys generally perform as well or better than borrowers with established credit and similar risk scores, according to a new TransUnion study.

VANCOUVER, B.C.–Examples from around the globe of the innovative ways credit unions are expanding financial inclusion were highlighted by NCUA Board Member Rodney Hood here.

VANCOUVER, British Columbia—The World Council of Credit Unions (WOCCU) launched a Climate Influencers Network, discussed ESG, and helped clean up a beach during its meeting here.

LAUREL, Md.–The TowerCares Foundation is reporting its scholarship winner, Marc DiGregorio, has a special reason to be thankful for being selected as one of this year’s scholarship recipients.