Feb 22, 2023 | Financial Literacy, News
Morning Consult Survey: Most Adults with Financial Goals Confident They Will Make Progress This Year, While Many Struggle to Make Ends Meet A recent Morning Consult survey found that 75 percent of Americans with 2023 financial goals are confident they will make...
Feb 20, 2023 | Federal Regulation, News
Biden Taps Fed’s Brainard for National Economic Council Director Last week, President Biden named Federal Reserve Vice Chair Lael Brainard as his top economic advisor, replacing outgoing NEC Director Brian Deese. Brainard will work alongside Treasury Secretary Janet...
Feb 17, 2023 | Congressional Legislation, News
Sen. Cramer Introduces Fair Access to Banking Act U.S. Senator Kevin Cramer (R-N.D.) recently introduced the Fair Access to Banking Act, which would prohibit financial institutions from limiting or denying services to certain industries. Banks would instead be...
Feb 15, 2023 | Financial Literacy
Important things to know about Wealth Transfer Wealth transfer is the process by which ownership or rights to an asset are passed from one person or another. Inheritance may seem like one of the most common reasons a wealth transfer would take place but making a...
Feb 15, 2023 | Banks & Credit Unions, News
Banks Tightening Credit Standards, According to Fed Survey The most recent quarterly senior loan officer opinion survey from the Federal Reserve found banks reporting both weaker demand and stricter standards for commercial and industrial real estate, consumer loans,...
Feb 13, 2023 | Financial Literacy, News
TransUnion Report Finds Consumers Looking to Credit Products to Make Ends Meet A recent TransUnion report highlighting credit activity in Q4 of 2022 found that credit card balances hit a record $931 billion, which increased 18.5 percent from the fourth quarter of...
