Strong job and wage growth helped mortgage delinquencies continue to diminish in the first quarter of 2017, the Mortgage Bankers Association reported. Mortgages that are late —but not in foreclosure — accounted for a seasonally adjusted 4.71% of all...

Last month, consumers reported the highest level of financial optimism since June 2013, according to the Survey of Consumer Expectations by the Federal Reserve Bank of New York. Expectations for household income growth and overall financial situation reached a record...

Lots of people point to self-indulgent millennials or debt-beleaguered GenXers or negligent boomers as the reason for the retirement crisis and the cause of their own hardships. But a Morningstar study instead points the finger at employers, and...

A Sound Credit Union employee who allegedly discriminated against a black Muslim woman that ignited a social media firestorm is no longer with the Tacoma, Wash-based cooperative. The $1.4 billion Sound CU posted its announcement on Facebook Monday night, but it did...

Credit union strategies and solutions for navigating the evolving payments landscape was an industry session lunch panel emphasis at the CO-OP Financial Services THINK 17 conference in New York City. On the panel: Jess Turner, EVP, North America digital payments and...

Credit unions serving military personnel have seen a drop in consumer loans, which trade groups attribute to regulations designed to protect service members from lending abuses. CUNA and an allied group, the Defense Credit Union Council, sent a seven-page letter to...