Refinancing your federal and/or private student loans can be a great way to consolidate payments and potentially save money on interest over time. However, while there are numerous advantages to student loan refinancing, it [...]
U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P 500 setting a closing record, paced drugmaker Merck, while investors looked towards the next piece of inflation data [...]
In the ever-evolving landscape of lending, the intersection of human judgment and artificial intelligence (AI) has become a focal point. The coexistence and co-development of these two forces is all but an encouraging phenomenon that [...]
It’s been four years since the onset of the global pandemic and we are still feeling the economic whiplash. The result? A heightened regulatory environment around lending practices. Financial stability for borrowers has been, [...]
The U.S. Chamber of Commerce, the American Bankers Association and state trade groups have asked a Texas federal appeals court to issue an immediate order delaying implementation of the Consumer Financial Protection Bureau’s [...]
In 1973 a critic of mainstream economic thought was published in Small is Beautiful: A Study of Economics As If People Mattered by E. F. Schumacher. The author espoused a principle that small, appropriate technologies, [...]
The “Buffett Indicator” is flashing red. In 2001, Warren Buffett came up with what he called in Fortune Magazine “probably the best single measure of where [stock] valuations stand at any given moment.” Today that [...]
U.S. merchants, Visa, Mastercard and other financial institutions announced a settlement Tuesday in a lawsuit dating back to 2005 over credit card interchange fees. Visa and Mastercard will cap credit card interchange fees into [...]
It isn’t unusual in times of significant change – like a merger, a new CEO hire, or member program changes – for leaders to want to wait until ALL details are baked before sharing news with [...]
According to Gallup, only 21% of U.S. employees strongly agree that they trust the leadership of their organization. There are many ways executives and managers can build a culture of trust, and one of [...]
Leadership continuity has been on the minds of many in the industry, including credit union regulators. For its part, the National Credit Union Administration (NCUA) has called out inadequate succession planning as a contributor to [...]
Conservative taxpayer organizations and banking trade groups say they have new ammunition in their argument that the credit union tax exemption is outdated. They are arguing that credit unions are leveraging their tax exemption to [...]
The Federal Reserve said on Tuesday that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the U.S. central bank's short-term [...]
CUES caught up with Shelly Berryman to learn about SchoolsFirst Federal Credit Union’s efforts to educate its top leadership—its board members—about diversity, equity and inclusion. Berryman is VP/board and committee relations [...]
Do you need pretty things, or do you need to meet your goals? In essence, do you need thinkers or doers? Do you need strategy or execution? Or do you need both? You need strategic [...]
