Dec 7, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → The U.S. Postal Service (USPS) should stay away from postal banking, according to a recently released report by the Department of Treasury. The report’s primary goal was to “identify a path for the USPS to operate under a...
Oct 19, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → The Center for Indian Country Development (CICD) has recently unveiled a new interactive map of Native American-owned financial institutions. The map includes the locations and asset sizes of banks, credit unions, and...
Oct 11, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → A new survey of banks finds that the average overdraft fee that banks charge customers decreased slightly from 2017 to 2018. Despite this slight drop in fees, overdraft revenue still makes up a key source of income for many...
Sep 27, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → Ten years ago, the American economy suffered one of the worst recessions in U.S. history. Thousands of businesses closed up shop, and millions of people were left unemployed. At the time, billions of dollars were poured into...
Sep 25, 2018 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → More people are using online lending platforms to fulfill their financial service needs today than ever before. The global volume of new fintech credit – or credit that is facilitated by online platforms not operated...
Aug 8, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → Last October, when the agency was still helmed by former Director Richard Cordray, the Consumer Financial Protection Bureau finalized a rule that required lenders to determine up front whether people can afford to repay...
