Syndicated

Mortgage rates climbed for the fourth consecutive week, hitting the highest levels since August and adding a fresh chill to the housing market as it enters a seasonal slow period.…

The convenience of electronic payments has become a vital part of our daily lives. However, along with this convenience comes the growing threat of electronic payment fraud, where cybercriminals exploit…

One of the most unforgettable moments from my time as a vice president at a credit union happened during an executive team meeting with one of the CEOs during my…

As Cybersecurity Awareness Month comes to a close, it’s a timely opportunity to focus on the role that ongoing education and the implementation of strategic tools play in helping financial…

Cybersecurity is an NCUA concern, and the agency stressed both issues and steps to take in a recent letter to credit unions in advance of a planned cybersecurity briefing during…

Sales of existing homes fell in September as house hunters remained on the sidelines despite mortgage rates easing during the month. Existing home sales slipped 1% from August to a…

U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced expectations the Federal Reserve will…

Changing consumer behavior and other factors demolished the once rigid line that divided credit unions from the rest of the financial services industry. And now, these institutions face a stark…

DCUC is growing! In fact, we are pleased to announce the addition of two new member credit unions and are excited to help them serve their military and veteran communities.…

Happy employees lead to happy members, but an annual engagement survey isn’t enough. Things change throughout the year, and employee sentiment is likely to follow suit. You can’t just measure…

Data is more than just numbers—it’s the key to unlocking personalized, relevant account holder experiences. Financial institutions have been increasingly turning todata insightsandfull funnel marketingto surface trends, create custom audiences,…

Oak Ridge, Tennessee-based Y-12 Federal Credit Union will enter the Kentucky market with the acquisition of First State Bank of the Southeast, which is headquartered in Middlesboro. The $2.2 billion-asset…

As Election Day approaches, one thing is sure for the banking industry: Either way, a new administration will be taking over the White House. And experts say that even a…

The CFPB released itsfinal section 1033 ruleTuesday, the latest example of the bureau’s regulatory overreach beyond Congressional intent. America’s Credit Unions President/CEO Jim Nussle issued a statement in response to…

With the recent drop in interest rates, the home equity lending landscape is shifting and more borrowers are turning tohome equity lines of credit (HELOCs)as a way to access cash…

The warning signs are flashing. American consumers are struggling with credit card debt. The impact could be wide-ranging — even affecting people who keep up with their payments. One particular…

To combat ever-evolving threats, cyber-savvy credit unions are adopting a defense-in-depth approach complemented by AI and ML technologies to protect sensitive data and maintain member trust. The cybersecurity landscape is…

Federal Bureau of Investigation agents in California and Alaska are searching for men who robbed several bank and credit unionbranchesin the past few weeks. In Orange County, California, officials said…

Since its introduction earlier this year, credit unions, advocacy groups, and other industry supporters have been quite vocal in their opposition to the Credit Card Competition Act, which aims to…

The top U.S. watchdog agency for consumer financial protection on Tuesday unveiled long-awaited rules intended to drive a shift toward open banking and spur competition, allowing consumers to control and…

Every state League joined with America’s Credit Unions toexpress shared concernswith the NCUA about ajoint proposed ruleto implement section 956 of the Dodd-Frank Act. The proposal would add additional regulations…

The next Federal Reserve meeting is barely two weeks away and, with it comes a presumed newcut to the federal funds rate. That will be the second reduction in just…

The New York State Department of Financial Servicesissued new guidance Wednesdayadvising financial firms to assess and address cybersecurity risks arising from the use of artificial intelligence. The guidance, which imposes…

You might expect that mortgage rates would be falling right now after the Federal Reserve cut interest rates by a half-point last month. Instead, mortgage rates jumped higher. The latest…