Sep 5, 2022 | Congressional Legislation, News
Mary Peltola Wins Special Election, Becoming the First Alaska Native Elected to Congress Last week, Mary Peltola, a Yup’ik Alaska Native, was declared the winner in a special election for Alaska’s at large Congressional seat, which became vacant when Rep. Don Young...
Sep 2, 2022 | Financial Literacy, FinTech, News
Analyst: In the Future Everyone Will Be Unbanked (By Choice) Last week, a new article appearing in Morning Consult and written by Morning Consult’s financial services analyst examines recent data to break down the banking status of U.S. adults. One of its prime...
Aug 31, 2022 | Financial Literacy, News
Bottom 50% of Americans Building Wealth Despite Inflation Recent economic data filtered through the Realtime Inequality tracker revealed that the bottom 50 percent of U.S. households, mostly those who had a net worth of $166,000 or less before the pandemic, are in...
Aug 29, 2022 | Financial Literacy, News
Bankrate Survey Finds Nearly 7 in 10 Americans Worried About Possible Recession and Taking Steps to Prepare A recent Bankrate.com survey found that nearly 7 in 10 U.S. adults admit they are worried about a possible recession by the end of next year. 29 percent of...
Aug 26, 2022 | Federal Regulation, News
FDIC Says Banks Charging Multiple NSF Fees on Same Transaction Could Violate Law The Federal Deposit Insurance Corp. (FDIC) recently warned banks it supervises that it will consider enforcement action if they charge multiple nonsufficient-fund (NSF) fees on the same...