Syndicated

Since its launch in July 2023, the FedNow Service has rapidly expanded its reach. Initially launched with 35 financial institutions on the instant payments network, the number has surged to…

Higher interest rates, increasing inflation and stagnant incomes have made borrowing more expensive and meeting financial commitments more difficult. In fact,recent data from Equifaxshows that credit card utilization rates have…

A newreportfrom the U.S. Department of the Treasury identifies potential opportunities and risks for artificial intelligence (AI) on the security and resiliency of the financial services sector. The report covers…

CUES member Elizabeth Sharpe recently shared with theCUES Net member communitythat a couple of her members had moved their accounts toChime“because of the early availability of their funds. Some regional…

Refinancing your federal and/or private student loans can be a great way to consolidate payments and potentially save money on interest over time. However, while there are numerous advantages to…

U.S. stocks were higher on Wednesday, with the Dow leading gains and the S&P 500 setting a closing record, paced drugmaker Merck, while investors looked towards the next piece of…

In the ever-evolving landscape of lending, the intersection of human judgment and artificial intelligence (AI) has become a focal point. The coexistence and co-development of these two forces is all…

It’s been four years since the onset of the global pandemic and we arestillfeeling the economic whiplash. The result? A heightened regulatory environment around lending practices. Financial stability for borrowers…

The U.S. Chamber of Commerce, the American Bankers Association and state trade groups have asked a Texas federal appeals court to issue an immediate order delaying implementation of the Consumer…

In 1973 a critic of mainstream economic thought was published inSmall is Beautiful: A Study of Economics As If People Mattered by E. F. Schumacher. The author espoused a principle…

The “Buffett Indicator” is flashing red. In 2001, Warren Buffett came up with what he called in Fortune Magazine “probably the best single measure of where [stock] valuations stand at…

U.S. merchants, Visa, Mastercard and other financial institutions announced a settlement Tuesday in a lawsuit dating back to 2005 over credit card interchange fees. Visa and Mastercard will cap credit…

Conservative taxpayer organizations and banking trade groups say they have new ammunition in their argument that the credit union tax exemption is outdated. They are arguing that credit unions are…

The Federal Reserve said on Tuesday that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the U.S.…

CUES caught up with Shelly Berryman to learn about SchoolsFirst Federal Credit Union’s efforts to educate its top leadership—its board members—about diversity, equity and inclusion. Berryman is VP/board and committee…

Do you need pretty things, or do you need to meet your goals? In essence, do you need thinkers or doers? Do you need strategy or execution? Or do you…

Treasury Secretary Janet Yellen endorsed legislation last week that would provide financial institutions with a regulatory safe harbor if they serve marijuana-related businesses in states where cannabis is legal. Yellen…

America’s Credit Unions joined with several organizations to urge the CFPB to abandon its request for comment under the Paperwork Reduction Act (PRA) regarding a proposed new information collection on…

Career disruption creates anxiety. It presents itself in many forms: you feel your influence is waning, there is a potential for layoffs, the company’s performance is missing targets, or layoffs…

Young women are getting richer. Over the next 20 years,$80 trillion will change handsas older generations leave money to their children — and millennial and Generation Z women are expected…

Long stereotyped as the “TikTok Generation,” Gen Z maybe seems silly and forever young to some. But the oldest members of Gen Z are purchasing vehicles, buying homes and having…

At CUES we’ve been talking a lot lately about thepressure credit union managers feelbetween the performance focus of leadership and the day-to-day needs of their direct reports. We’ve considered howmanagers’…

When it comes to attracting new members, it is crucial to understand that the process's speed and ease often hold a higher appeal than the actual products and services being…

The House and Senate begin a two-week recess after coming to anagreementon funding several areas of the government through Sept. 30. America’s Credit Unions, Leagues, and credit unions will engage…