Browsing: union

Key Insight: A credit union is launching its own white-label stablecoin later this year to retain member deposits.Supporting Data: 22% of surveyed St. Cloud Financial Credit…

  Average interest rate Monthly payment Total interest paid Credit unions 5.75% $577 $4,590 Banks 7.49% $601 $6,060 Source link

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…

In an effort to reach and retain younger consumers, a Cleveland credit union is offering new investors the option to build a starter portfolio of name-brand…

Community development financial institutions have a long history of providing vital economic lifelines to communities across the country. Credit unions have always been an important part…

Australia’s Commonwealth Bank has walked back a decision to replace 45 customer service jobs with artificial intelligence.Instead of cutting the 45 roles, the bank is now…

In Scott Simpson’s view, credit unions are under attack. And starting this fall, he’ll get the chance to defend them from his highest perch yet.On Nov.…

Bank and credit union leaders are eyeing intelligent automation as a path for growth and improvements in fraud detection, customer service and other areas, according to…

JEAN CLAUDE COUTAUSSE/BLOOMBERG NEWS Western Union plans to acquire digital payments company Intermex, a deal to expand Western Union’s presence in Latin America and add to…

WASHINGTON — Todd Harper is the rarest of Washington creatures: A regulator who actually gets along with everyone. During his years as Democratic chairman of the National…