Demographics

One recent study finds consumers have flipped their point-of-sale preference from credit to debit. That could be a sign of fears about a possible economic downturn.

Rodney Hood, chairman of the National Credit Union Administration board, visited a Connecticut institution while others announced personnel changes.

The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.

Paul Simons has worked in the industry for 48 years, including more than three decades at the helm of the Illinois-based institution.

Several credit union leaders were recognized for their contributions while other personnel changes were announced.

The Boise-based credit union is the fourth institution in the Northwest to receive the recognition.

Several credit unions announced management changes at their branches while others in the industry made their own personnel moves.

Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus.

Service Credit Union announced several promotions across the organization while other institutions made their own personnel moves.