Although they are barely in the first stages of recovery from destruction caused by Hurricane Harvey, leaders of the Cornerstone Credit Union League are already overwhelmed with the outpouring of support they have received from the credit union system.
ST. PAUL, Minn. (2/23/16)--One in four Americans are having difficulty paying for medications. Last year, total U.S. spending on prescription drugs by individuals, insurers, and governments jumped 13%--the largest increase since 2001. Certain demographics are feeling the crunch more than others (NextAvenue Feb. 1)
If you're a low- or moderate-income worker saving for retirement in a 401(k), an individual retirement account, or similar workplace retirement program, you could be eligible to claim a special tax credit of as much as $1,000 for individuals and $2,000 for married couples (U.S. News & World Report Dec. 20).
Sunday's Home & Family Finance Radio program covered financial literacy, college financing and elder financial abuse. This past week's show was a rebroadcast and was recorded at the Montana Credit Union Network's 75th annual convention and expo in Billings, Mont.
There is a right way and a wrong way to do most things, the National Foundation for Credit Counseling reminded recently, while adding that the adage applies to making New Year's resolutions about debt.
Consumers could soon see checkout fees for using credit cards at brick-and-mortar businesses and online merchants alike. A July settlement among nine major banks, Visa, and MasterCard gives merchants the right to pass the costs of processing credit card transactions on to consumers through checkout fees.
Before you get slapped with a fee on top of what you thought was a final price, learn what you can do about hidden fees beforehand. Shouldn't the price of an airline ticket include your luggage? Why should you pay $15 more for the Internet when you're already paying for a room in the hotel? What about those $34 overdraft fees?
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
Credit unions now have less than six months to come into compliance with FinCEN's Customer Due Diligence rule, effective May 11, 2018, which includes provisions on identifying the beneficial owners of legal entity accounts.