May 6, 2022 | Banks & Credit Unions, News
Banks and Credit Unions Competing for Lending Talent According to a recent article in American Banker, banks and credit unions across the United States are aggressively looking to attract top lending talent as they see their lending products driving revenue growth...
Apr 29, 2022 | Banks & Credit Unions, FinTech, News
Credit Unions Looking Into Fintech Partnerships As consumer expectations change in a trend toward a more digital financial services landscape, credit unions are now exploring new services to remain innovative in a market that is rapidly growing more competitive. As...
Apr 18, 2022 | Banks & Credit Unions, News
Democratic State AGs Push Banks on Overdraft Fees Earlier this month, attorneys general (AGs) from more than a dozen states sent letters urging JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bancorp to eliminate overdraft fees for consumers. In the past year,...
Mar 7, 2022 | Banks & Credit Unions, News
Citi Announces Plans to Discontinue Overdraft Fees Citigroup recently became the latest bank to announce plans to eliminate overdraft fees, overdraft protection fees, and returned item fees by this summer, making it the only top five U.S. bank in assets to entirely...
Feb 11, 2022 | Banks & Credit Unions, News
More Americans Than Ever Hold Credit Cards at the End of 2021 TransUnion’s recent Q4 2021 Quarterly Credit Industry Insights Report (CIIR) report found that a record 196 million Americans held credit cards at the end of 2021, with a growing number of cards being...
Feb 9, 2022 | Banks & Credit Unions, News
Banks Closed Nearly 3,000 Branches in 2021, Jumping 38% from 2020 The trend of banks closing branches at a rapid pace continued last year with a recent S&P Global Market Intelligence report finding that banks across the U.S. closed 2,927 branches in 2021, up 38...