The US economy grew at a faster than expected pace in the second quarter. The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an [...]
Traders added to bets the Federal Reserve will wait until September to start cutting interest rates after the latest data showed the U.S. economy regained steam in the last quarter. Before the data, traders [...]
The Consumer Financial Protection Bureau Wednesday issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that could deter whistleblowing. [...]
Digital banking has been a foundational marker in the massive shift from in-person tasks to digital channels in the financial services industry, providing consumers with unparalleled convenience and access to their finances. Selecting a new [...]
The concept of work-life balance has been talked about for years and received renewed focus in the wake of the pandemic. But if you ask me, we’re getting it wrong. Balance itself is an [...]
Credit unions face two critical realities when it comes to social media and online marketing. First, maintaining a robust, authentic, and evolving digital strategy is essential to engage members and build brand awareness. Credit unions [...]
The S&P 500 and Nasdaq slumped to multi-week lows on Wednesday after Tesla and Alphabet disappointed with lackluster earnings, prompting investors to question if the Big Tech- and AI-fueled 2024 equity rally was [...]
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year Treasury note has been [...]
In the competitive landscape of financial services, community financial institutions hold a unique position. Their local presence and personalized service creates a strong foundation for building lasting customer relationships. However, to thrive in today’s [...]
Would-be homebuyers are getting a case of cold feet as they confront still elevated mortgage rates and record-high housing prices. New findings published by Redfin show that a growing number of buyers are backing out [...]
Delays in this year’s FAFSA and financial aid process have left many families scrambling to find last-minute funding after reviewing financial aid award letters. Now tuition bills are due, and after scholarships, grants, and [...]
Banks and credit unions want their brands to have power. So, what can they learn from major companies — Netflix, Apple, Whole Foods — to craft brands that resonate with their consumers? (Hint: The answer isn’t [...]
Ahead of the Senate Permanent Subcommittee on Investigations hearing Tuesday on protecting consumers from fraud via Zelle, America’s Credit Unions President/CEO Jim Nussle wrote a letter providing the credit union industry’s perspective. [...]
Leadership is hard, it is demanding, it is uncomfortable at times. Yes, yes, and yes. And most of all it is a privilege. When we hold leadership roles we have the honor and responsibility of [...]
Today, the credit union employment market is highly competitive, and Supplemental Executive Retirement Plan (SERP) arrangements are frequently used to retain key employees, while offering future-orientated incentives tied to their retirement goals. For organizations seeking [...]
