SAN FRANCISCO—Cashless society? Not yet. More than half (55%) of U.S. mobile users said they hate the idea of life without cash, signifying a major hurdle for financial institutions, payments processors and tech companies that urge consumers to adopt digital wallets, a new report reveals.
SAGINAW, Mich. – Catholic Federal Credit Union has announced its new name and brand identity.
NEW YORK–Bad debt in consumer credit cards has jumped to its highest level in nearly seven years, and while some see red flags, at least one analyst believes data “may not paint the full picture.”
WASHINGTON – The U.S. economy posted stronger than expected performance during the first quarter of this year.
WASHINGTON—New home sales increased 4.5% from February's downwardly revised 662,000 annualized units to 692,000 units in March – a 16-month high, Census Bureau data show.
LANSING, Mich.–The Michigan Credit Union League has officially launched its state-level support for CUNA’s national awareness campaign, “Open Your Eyes to a Credit Union.”
SAN DIEGO–An Underground Collision meeting was held here that for the first time focused on CU business partners and, specifically, CUSOs. According to Mitchell Stankovic, which organizes and hosts the Underground Collision discussions, the meeting walked the fine line between challenges and opportunities for CUSOs and credit unions.
ALEXANDRIA, Va.–The newly reconstituted NCUA board has put out for comment Advanced Notice of Proposed Rulemaking (ANPR) on Compensation in Connection with Loans to Members.
MADISON, Wis.–After a torrid start to 2018, perhaps it’s no surprise credit union membership gains have slowed significantly during the first two years of 2019 when compared with one year earlier, a newly released analysis shows.
WASHINGTON–The credit union trade groups believe a new Trump Administration memo requiring independent federal agencies such as NCUA to submit any rules or guidance for review ahead of approval of Congress could be a good thing, although there are concerns over the potential effect on the agency’s ongoing independence.