Home Equity Loan vs. HELOC: What’s the difference?
Before using your home as collateral to get cash, it’s crucial to understand the difference between a Home Equity Loan (HEL) and a Home Equity Line of Credit (HELOC). These…
Before using your home as collateral to get cash, it’s crucial to understand the difference between a Home Equity Loan (HEL) and a Home Equity Line of Credit (HELOC). These…
The US economy grew at a faster than expected pace in the second quarter. The Bureau of Economic Analysis'sadvance estimate of first quarter US gross domestic product (GDP)showed the economy…
Traders added to bets the Federal Reserve will wait until September to start cutting interest rates after the latest data showed the U.S. economy regained steam in the last quarter.…
The Consumer Financial Protection Bureau Wednesdayissued a circularto law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that…
The S&P 500 and Nasdaq slumped to multi-week lows on Wednesday after Tesla and Alphabet disappointed with lackluster earnings, prompting investors to question if the Big Tech- and AI-fueled 2024…
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year…
In the competitive landscape of financial services, community financial institutions hold a unique position. Their local presence and personalized service creates a strong foundation for building lasting customer relationships. However,…
Would-be homebuyers are getting a case of cold feet as they confront still elevated mortgage rates and record-high housing prices. Newfindingspublished by Redfin show that a growing number of buyers…
Delays inthis year’s FAFSAand financial aid process have left many families scrambling to find last-minute funding after reviewing financial aidaward letters. Now tuition bills are due, and after scholarships, grants,…
Banks and credit unions want their brands to have power. So, what can they learn from major companies — Netflix, Apple, Whole Foods — to craft brands that resonate with…
Ahead of theSenate Permanent Subcommittee on Investigationshearing Tuesday on protecting consumers from fraud via Zelle, America’s Credit Unions President/CEO Jim Nusslewrotea letter providing the credit union industry’s perspective. He reiterated…
Last week at a meeting of the NCUA Board of Directors, the members voted 2-1 in favor of two proposed rules: one on incentive-based compensation and another a revised proposal…
We’re growing in terms of our footprint, not only in serving the interests of our members and defense credit unions but the entire industry as a whole. We’re increasing our…
Having a competitive credit card program requires dedicated staff and an ongoing investment in products, technology, marketing, and more. Those increasing costs, the time commitment, and regulatory pressureshave many leaders…
Choosing the right provider for your executive benefits program is a critical decision that can significantly impact the success of the program and the satisfaction of your key executives. In…
Credit unions are stepping up their game in the ever-changing financial world. With 2024 in full swing, three major trends are making waves in credit union marketing: digital transformation, personalized…
Credit unions’ future success depends on successful advocacy in every arena, America’s Credit Unions President/CEO Jim Nussle told the World Credit Union Conference (WCUC) Monday morning during his main stage…
The recentselloff in tech stocksgave investors a fright, but the market is still in the midst of a bull run and analysts say certain sectors are poised to outperform in…
“Coming together is beginning, staying together is progress, and working together is success.”– Henry Ford. Coming together is beginning As a manager, it can be challenging finding a candidate that…
When it comes to financial marketing, there are almost countless demographic factors to consider: Gender Age group Socioeconomic status Ethnicity And more… But for today, let’s primarily focus on gender.…
High interest rates have forced many potential borrowers to put plans on hold. If you need money right now, you might have to turn to more expensive unsecured options, like…
It’s no secret that the economy has seen better days. Inflation has cooled off slightly, but it is still at record highs as salaries continue lagging behind. Interest rates on…
America’s Credit Unions released this statement following President Joe Biden’s decision to withdraw from seeking reelection. “America’s Credit Unions is committed to our advocacy efforts on behalf of credit unions…
I hope to see many of you in Boston for what’s sure to be an incredible event, the 2024 World Credit Union Council Conference. It kicks off Sunday, and I’m…