by GrafWebCUSO | Mar 16, 2017 | News
I’ll admit it: I am the credit card holder no financial institution wants. I pay my credit card balances in full every month, so they’re not getting any money from me in interest or late fees. And last fall, I started a new hobby: Applying for credit cards...
by GrafWebCUSO | Mar 16, 2017 | News
Analysis of Department of Education data reveals a 17% increase in 2016 in the number of Americans in default on federal direct loans serviced by companies hired by the federal government. “3,000 preventable student loan defaults each day in America is 3,000 too...
by GrafWebCUSO | Mar 15, 2017 | News
For the fifth consecutive year, the League of Southeastern Credit Unions & Affiliates will issue full-dues paying credit unions a rebate in April. This year’s rebate will be 5.6%, equivalent to $202,623. While the average dues rebate is approximately $734...
by GrafWebCUSO | Mar 15, 2017 | News
House Republicans will “soon put forth” the Financial Choice Act, legislation designed to repeal and replace the Dodd-Frank Wall Street Reform and Consumer Protection Act, House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, said...
by GrafWebCUSO | Mar 15, 2017 | News
Federally insured credit unions experienced continued improvement in nearly every category during the fourth quarter of 2016 even though at the median, membership declined 0.1%, the NCUA said Wednesday. Nationally, median loan growth was 4% during the year ending in...
by GrafWebCUSO | Mar 15, 2017 | News
Payments processor TMG Financial Services announced Wednesday the availability of a new web-based tool to help credit unions better manage their plastic card stock. TMG, headquartered in Des Moines, Iowa said in a statement that this task has become more complicated...