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  • CUNA Mutual Economist: Mild Recession Possible in 2019

    Credit unions should enjoy the good times now, and start preparing for a mild recession in 2019, CUNA Mutual Group…

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  • Fed Inflation Debate Heats Up

    Federal Reserve officials engaged in a detailed debate about inflation while keeping the door open for a September announcement on the…

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  • CU Industry Watching After Varo Money Applies for Charter

    Two credit union industry groups are keeping a close eye on one startup’s recent bank charter application to see whether…

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  • Former CU CEO Pleads Guilty to $466,000 Bank Fraud

    It took federal investigators nearly four years to catch up to a former president/CEO who pleaded guilty Wednesday to 17…

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  • Credit Union Countersues Former Longtime CEO

    When Gordon Simmons grew the Service Credit Union from $292 million to nearly $2.8 billion over his 20-year tenure, he…

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  • Can Employers Fire Racists? Should They?

    Is racism sufficient cause to fire someone from their job? In the wake of the August 12 white supremacist rally…

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  • U.S. Households Borrow at Fastest Pace of Expansion, Fed Says

    (Bloomberg) — American households increased their borrowing over the past year at the fastest pace of the U.S. economic expansion,…

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  • 6 Ways AI is a-Bot to Transform the Financial Service Industry

    Chatbots and artificial intelligence are transforming every industry, but their greatest influence may come in the finance services industry by…

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  • Americans Obsessed With Perfect Credit Learn to Game the System

    (Bloomberg) — It took Stan Kelman three years of monitoring and tinkering to muscle his wife’s credit score to a perfect 850. “It’s…

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  • Top 10 Credit Unions Post Strong 2Q Income

    Net income for the top 10 credit unions rose 18% in the second quarter with strong gains in interest and…

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