Dec 14, 2022 | Financial Literacy
Important things to know about the FIRE Lifestyle Financial Independence: Retire Early – it sounds like a pretty great concept. A FIRE lifestyle is a movement of people devoted to a program of maximizing savings and investment that aims to allow them to retire far...
Dec 12, 2022 | Congressional Legislation, News
McHenry Officially Selected to Chair House Financial Services Committee Next Congress While widely expected to take the gavel of the House Financial Services committee if Republicans won control of Congress in the midterms, Representative Patrick McHenry (R-N.C.) last...
Dec 9, 2022 | Financial Literacy, News
Consumer Demand for Credit Cards On the Rise Recent research from the New York Fed shows that U.S. consumers continually sought out more credit cards this year with a 27.1 percent credit card application rate for October, up from a 26.5 percent rate the year before....
Dec 7, 2022 | FinTech, News
More Consumers Turning to Buy Now Pay Later for Holiday Shopping A recent report by software and market-research company Adobe Analytics found that the number of buy now, pay later (BNPL) purchases rose 68 percent during the week of Black Friday (November 21 through...
Dec 7, 2022 | Financial Literacy
When to Collect Social Security As you work towards retirement over the course of your career, you may notice that social security is something you are paying into, and you are probably wondering how social security benefits will help supplement your income in...
Dec 5, 2022 | Federal Regulation, News
Senate Banking Committee Holds Nomination Hearing for Gruenberg to Lead FDIC The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing last week for Martin Gruenberg to be chairman of the Federal Deposit Insurance Corp. (FDIC)....
Dec 2, 2022 | Financial Literacy, News
More Than Half of Adults Have Delayed a Major Financial Milestone Due to State of Economy A recent Bankrate.com survey found that 53 percent of American adults have delayed a major financial milestone because of the state of the economy, including milestones like...
Nov 30, 2022 | Banks & Credit Unions, News
Wells Fargo Launches Small Dollar Loan, Offering Customers $250 or $500 for Flat Fee Wells Fargo recently launched a new financial product, called Flex Loan, which is marketed as a small dollar loan to help customers meet short-term cash needs. The loan is available...
Nov 30, 2022 | Financial Literacy
Important things to know about Annuities When looking ahead at retirement and considering your financial security later in life, you will likely consider and research different investment vehicles like Individual Retirement Accounts and 401(k) plans. Another option...
Nov 28, 2022 | Congressional Legislation, News
McHenry Outlines Plans for House Financial Services Committee in Next Congress Rep. Patrick McHenry (R-N.C.), who is expected to Chair the House Financial Services Committee beginning in January 2023 with Republicans taking the majority in November’s elections,...
