Social Security beneficiaries will soon know the size of their annualcost-of-living adjustmentfor 2025. They may be in for adisappointmentbecause if current projections hold true, the increase to benefits could be…
Interest rates have been trending downward, with the Federal Reserve implementing its first cut of 2024 in September. Analystspredict more cuts could followin the final months of this year and…
In this age of multibillion-dollar credit unions, it can be easy to forget that most started with a small group of people looking to pool their resources. Well, Jessica Gordon…
According toAlkami’s 2024 Telemetry Data Report,average consumer deposit balances in checking, savings, money market, and certificates of deposit (CDs) are higher today than they were in 2019. This may seem…
Welcome, everyone, to another episode of The Accidental Leader! I, your host Bo, am excited to share my conversation with Frank Allgood, our VP of Brand Experience at YMC, as…
HAPO Community Credit Union plans to acquire $632 million-asset Community First Bank in Kennewick,Washington. Financial terms of the deal were not disclosed in a press release Tuesday. The deal is…
Credit unions in the path of Hurricane Milton should take precautions, including measures to protect their staff and secure their operations. The NCUA urged this action as the storm intensifies…
Credit card debt can be overwhelming, especially in today's high-rate credit card environment. With the average credit card rate sitting atan all-time high— and retail credit card ratesaveraging over 30%—…
Navigating the early years of your career often feels like a tightrope walk, especially when student loans loom large. You’re not alone in juggling the need to make timely loan…
InBuilding a StoryBrand, Donald Miller outlines how the best brands and most resonant marketing imitate the structure of traditional stories. There are seven parts to building a bank or credit…
Navy Federal Credit Unionis joining the Mortgage Bankers Association and a dozen other stakeholders to form the CONVERGENCE Collaborative to help close the racial homeownership gap. The $178 billion-asset Navy…
As not-for-profit organizations strive to attract and retain top talent, offering competitive benefits packages is essential. However, in the current climate of higher interest rates and evolving projections, transparency becomes…
Mortgage credit has become one of the most scrutinized asset classes in the financial, regulatory and political arenas, and for good reason: Americans now hold over $20trillionin outstanding mortgage debt,…
The CFPB’slatest Supervisory Highlightsdescribes the agency’s supervisory findings related to illegal practices in auto finance, including repossession of cars after the borrower made timely payments or received loan extensions. No…
The Defense Credit Union Council (DCUC) is proud to launch the Defending Credit Unions Political Action Committee (PAC) and the Defending Credit Unions National Advocacy Fund. These initiatives are designed…
No one can blame an institution or depositor for guarding their self-interest. Banks’ liabilities are depositors’ assets, and vice versa. Yes, they operate on opposite sides of the desk for…
This October is the 20th year commemorating Cybersecurity Awareness Month. “Since 2004, the President of the United States and Congress have declared the month of October to be Cybersecurity Awareness…
Consumers are more confident about the housing market than they’ve been in two years, with many expectingmortgage ratesto fall in the next 12 months. The Fannie Mae Home Purchase Sentiment…
As credit unions embrace digital transformation, they modernize their operations and improve member services. However, this shift also introduces new vulnerabilities for fraudsters to exploit. From 2019 to 2023, thevolume…
Homeowners have long benefitted from the ability to borrow against the equity in their property at an affordable rate. And, in many cases, a home equity line of credit (HELOC)…
Congress remains in home districts through Nov. 12, and Leagues and credit unions continue to engage with policymakers leading up to the November general election. America’s Credit Unions and its…
The housing market is starting to look better for buyers as mortgage rates fall and for-sale listings increase. Realtor.com said Thursday that the number of active listings in September was…
Astronger-than-expectedSeptember jobs report has pushedWall Street's debateover how deeply the Federal Reserve will cut interest rates at its November meeting in favor of a more modest path. Some have even…
As we approach the one-year mark of America’s Credit Unions, I find myself looking ahead with excitement. This organization is built to move the credit union movement forward with purpose,…