Financial literacy

The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.

One organization's findings reveal that financial counseling, when done right, can also help boost institutions' lending and brand recognition.

NCUA financial metrics don't illustrate the way these institutions have changed consumers' lives for the better.

Another look at the variety of ways credit unions are making a difference.

With more baby boomers aging, credit unions must adopt policies and practices to help identify and stop these crimes.

The Minnesota Credit Union Network worked with two brewers to create and sell a strawberry milkshake cream ale in an effort to boost the industry's profile and raise money for financial literacy.

TruMark Financial Credit Union raised money for financial literacy with a kiss-a-pig event while other institutions donated to causes such as a food program.

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

Ascentra Credit Union Foundation awarded $100,000 to Junior Achievement for financial literacy while other institutions donated money for a variety of causes.

As the U.K. rapidly transitions toward a cashless society — with U.K. Finance predicting that by 2028, just 9% of payments will be in cash — even pocket money is going digital. And the disappearance of tactile interaction with cash changes how kids learn about budgeting.

Through the initiative, more than two dozen savings and credit groups have been established to serve more than 400 Venezuelans and Colombians.

Credit unions gave out scholarships and helped with financial literacy while dozens of students graduated from Western CUNA Management School.

Credit unions are investing in their communities in a variety of ways, including teaching financial literacy at a summer camp and donating money to local libraries.

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

Scientific techniques can help credit unions better understand how consumers are likely to behave in certain instances, allowing CUs to shape their tactics and responses to a variety of situations.

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.

To make a credit card top of wallet and build interchange income, credit unions must develop trust, provide great service and ensure the card works every time.

The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.

SunTrust CEO Bill Rogers on Thursday explained the direction he and BB&T chief Kelly King are going with the new name, but gave no hints on what it is or when it will be unveiled.

Credit unions are helping out in a number of ways, including one institution that provided scholarships to student who excelled at a game about personal finance.