A new survey of young people in the workforce show having student debt negatively affects an employee's ability to be financially responsible, even once they are employed. Regina Corso Consulting conducted the survey online in January 2017, and gleaned...
Credit Union Industry News & Updates
The Credit Union & Banking worlds are changing faster today than they ever have. Keep informed about what’s going on in the industry.
WHAT’S GOING ON AT CREDIT UNIONS?
CO-OP Inks ATM Deal with 7-Eleven
About 8,000 ATMs in 7-Eleven stores across the country will stay in the CO-OP Financial Services ATM network thanks to a new agreement between CO-OP and ATM network and service provider Financial Consulting & Trading International, or FCTI. The agreement...
Is It Time to Get Political?
Just as we have never seen a presidential administration as unusual as our current one, we have never in our recent history seen such powerful political activism and discussion taking place nationwide. My social media news feeds are filled with rants about President...
House Passes Bill to Give Trump Control Over NCUA, CFPB Rules
The House on Wednesday passed legislation that would require independent agencies, such as the NCUA and CFPB, to submit rules to the Office of Management and Budget before they are published—essentially giving the president tight control of the rule-making...
Corporate One, D+H Accelerate Move to Real-Time Payments
Toronto-based D+H Corporation announced its collaboration with the $3.7 billion Columbus, Ohio-based, Corporate One Federal Credit Union to accelerate the ability to offer members real-time payments. The credit union plans to use D+H’s cloud-based testing...
Refinances Surged to the End in 2016
Real estate loan originations continued strong growth in the last three months of 2016 as homeowners continued to refinance despite — or perhaps because of — rising mortgage rates, according to an ATTOM Data Solutions’ report released Thursday....