Nov 22, 2019 | Banks & Credit Unions, Financial Literacy, News
Despite a strong, growing economy, the second annual U.S. Financial Health Pulse Trends report, issued by the Financial Health Network, revealed that the majority of Americans—roughly seven in ten adults—do not claim to be financially healthy. The report covers four...
Oct 23, 2019 | Banks & Credit Unions, News
According to American Banker, there has been a sudden rise in the number of consumer complaints in the Consumer Financial Protection Bureau’s (CFPB) complaint database over credit monitoring services provided by the three major credit bureaus. In 2019 alone, 86 people...
Oct 4, 2019 | Banks & Credit Unions, News
← Previous Article The American Financial Exchange (AFX), electronic interbank lending market for U.S. financial institutions, announced last week that the People’s Bank of Seneca joined the exchange, becoming the first native-owned bank to join AFX.According to...
Sep 27, 2019 | Banks & Credit Unions, News
← Previous Article The National Credit Union Administration (NCUA) recently issued a new rule that provides credit unions more options to offer small-dollar loans to members.Currently, credit unions are able to offer small-dollar loans under the payday...
Aug 15, 2019 | Banks & Credit Unions, Litigation, News
← Previous Article Next Article → Capital One has become just the latest major financial services company to have been hacked. U.S. prosecutors are now accusing the alleged hacker of not only stealing the personal information of more than 100 million...
Aug 7, 2019 | Banks & Credit Unions, News
← Previous Article Next Article → Last week, we told readers that Federal Reserve (Fed) Chairman Jerome Powell was “seriously considering” a real-time payments system. A week later, the Fed officially announced that it would begin developing a...
