Credit Unions nationwide are on an upward trend, along with the economy, according to CUNA Mutual Group’s May 2016 Credit Union Trends Report, which tracks March 2016 data. During that month, credit unions picked-up 577,000 in new memberships, and...
The latest U.S. consumer spending numbers bode well for the economy, with the Commerce Department reporting its biggest increase in more than six years in April. Consumer spending rose 1.0 percent over March, or $119.2 billion, compared with just a...
Credit unions are under increased pressure to find ways to better manage third-party vendor relationships. To maintain compliance, credit unions need to have systems in place to ensure that they meet standards for managing their third-party...
National Credit Union Administration Board Chairman Rick Metsger announced Friday that board member J. Mark McWatters will serve as the agency’s liaison to the Defense Credit Union Council, which represents the interests of credit unions operating...
With data breach issues ever-present in the news, reluctance to move forward with new digital technology might actually cost credit unions and other financial institutions. Due to competition from new fintch company apps and other longtime high-tech...
Brand new residential real estate is a hot commodity now, as confirmed when the Commerce Department announced Tuesday that new home sales increased 16.6 percent last month to a seasonally adjusted rate of 619,000, up from a revised total of 531,000...