Lenders are continuously focused on new products to gain a competitive edge; but the unprecedented changes in interest rates over the past 18-24 months, coupled with consistently rising housing prices and tight inventory, has placed [...]
A critic of the credit union tax exemption predicted Thursday that Congress may take a close look at the benefit as they search for ways to pay for expiring tax cuts next year. Parts of [...]
Inflation has been high for years now, and while it's decreased quite a bit from its peak of 9.1% in June 2022, it's still below the Federal Reserve's target goal of 2%. To move [...]
America’s Credit Unions wrote to several House and Senate committees this week in support of international credit union priorities as Congress considers funding for the U.S. Agency for International Development (USAID). America’s [...]
April marks National Financial Literacy Month, a time designated by US legislators in 2003 to raise awareness about the importance of financial literacy and practical education in this realm. It serves as a crucial reminder [...]
Making ends meet is hard—very hard—for most Americans. As of January 2024, 62 percent of Americans report living paycheck to paycheck, an increase of 2 percent from a year ago, according to PYMNT [...]
I recently had a birthday and to celebrate this momentous occasion, my doctor offered me a colonoscopy. I think I need to school him on what a gift actually is. Although I feel like this [...]
Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March and are adding to the ever more expensive costs for U.S. vehicle owners. On a monthly basis, car insurance [...]
This article is the second in a series exploring artificial intelligence (AI) in human resources. The first article looked at how to keep the "human" in human resources. We invite you to share your experiences [...]
I recently had a conversation with a credit union CEO who I’ll call “Sam” for the purposes of this article. Sam was concerned with the performance of his supplemental executive retirement plan. Sam explained [...]
America’s Credit Unions President/CEO Jim Nussle this week urged Senate Judiciary Committee Chairman Sen. Dick Durbin, D-Ill., to abandon any plans that might alter the mandatory arbitration system some credit unions use to [...]
All eyes are on PSCU/Co-op Solutions this week as 2024 Member Forum, PSCU's legacy conference, kicks off in San Antonio. This year's event boasts record attendance with nearly 1,400 credit union leaders registered. [...]
Brazil’s instant payment system Pix has become a global success story in real-time scheme implementation. Launched in late 2020, it reached: 42 billion Pix transactions in 2023 vs. 17.8 billion for credit cards [...]
Two Fed officials offered new reassurances Thursday to investors a day after another hot inflation reading spooked markets, saying it is still possible that interest rates will be cut this year. New York Fed president [...]
America’s Credit Unions President/CEO Jim Nussle and Chief Advocacy Officer Carrie Hunt Wednesday met with Federal Communications Commission (FCC) Commissioner Geoffrey Starks to provide the credit union perspective on the FCC’s final [...]
