Credit unions exist to offer affordable services that help people build financial security and to make investments that encourage economic growth in their communities. Two-thirds of federally-chartered credit unions also carry the “low-income” designation,...

While many Republicans are struggling with their proposals to decrease the CFPB’s powers, two lawmakers have a simple solution—abolish the agency. This week, Sen. Ted Cruz (R-Texas) and Rep. John Ratcliffe (R-Texas) introduced a one sentence bill that...

Homeowners fell at least 60 days behind in their payments at a higher rate in the fourth quarter from a historic low, while those in foreclosure continued to dwindle, the Mortgage Bankers Association reported Wednesday. The seasonally adjusted delinquency rate stood...

If the parents of millennials ever want to retire, they’re going to have to shut off the money spigot for the kids. That’s according to a Money report, which said that the financial support millennials have been getting from their parents can...

Municipal Credit Union has expanded its membership field to include more than 20,000 students at St. John’s University in New York. MCU ($2.5 billion in assets, 411,052 members) made the announcement Feb. 11 along with officials from the university and its...

At least six branches have been closed since Monday because of evacuation orders for areas near the precarious Oroville Dam crisis in Northern California. More than 188,000 people evacuated their homes on Sunday because of extensive damage to the dam’s primary...