Millennials

The largest generation of Americans is set to inherit over $59 trillion in assets, but the federal financial regulators are behind in hiring millennials and focusing on issues of concern to them.

The uplifting story of another Virginia statue — this one honoring the first black female to charter a bank — is well-timed. Plus, JPMorgan Chase's O'Connor on laboring over Libor and U.S. Bank's Lawler on getting people to do the right thing.

A study from Navy FCU reveals only a fraction of young adults say they engage in good financial behaviors – and that could be a big opportunity for credit unions.

At a time when many banks struggle to win over millennials, Ally Bank appears to be bringing them in: more than 60% of new customers are millennials. President Diane Morais explains how the bank is getting the attention of a younger generation. One popular product: debit controls.

The campaign comes in the light of recent research that shows the state to be one of the best for millennials.

A big part of the reason banks find it tricky to attract millennials is that not all millennials are attracted to the same thing.

Cards, e-wallets and transfers are all necessary for merchants to attract younger consumers to recurring payments, writes Artem Tymoshenko, CEO of MaxPay.

The New York-based company saw its fortunes fade after riding an earlier wave of investor enthusiasm about marketplace lending.

As young people mature, their financial and payment needs mature, as does their use of technology and other emerging innovation.

Millennials already comprise a growing part of the auto market, and they'll gain significant ground by the end of the decade. Is your credit union prepared?

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

Here are some major ways that mobile banking, P-to-P payments and fintech are changing banking.

The price of bitcoin continues to rise in volatile trading; Wells Fargo, still reeling from its phony accounts scandal, is boosting signing bonuses for brokers just as competitors decrease theirs.

In an extensive interview, Philadelphia Fed President Patrick Harker talks about the challenges facing community banks, the biggest threat to the financial system and the possibility of interest rate hikes later this year.

The annual CO-OP THINK Conference opened with a panel discussing some of the hurdles consumers have when it comes to the credit union movement – and what CUs can do about it.

One millennial's take on how credit unions can woo the next generation of members.

Young professionals have a reputation in banking for hopping from job to job. So what exactly are they looking for? The same things as older peers: solid benefits and better pay, according to recent surveys.

Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents.

Studies show that companies with more women in leadership roles increase their “innovation intensity,” yet women still hold only 20% of the board seats and eight CEO jobs in financial services.

Banks are unlikely to develop their own social media platforms, but they may have a chance to overtake this market by customizing the smartphone's keyboard app.