As citizen frustration continues as demonstrated by the growing Occupy Wall Street movement, credit unions may be presented with another chance to show how they can help middle-class Americans meet their financial needs.
Peru's 160 credit unions win tax-free status for transactions with their members.
There is more proof that lending to small businesses is starting to recover in some loan size categories even in the midst of a continued decline of activity by financial institutions.
The nation's Gross Domestic Product increased to an annual rate of 3% during the first three months of 2010, that's less than the 3.2% original estimate, the Commerce Department reported today.
Fair Isaac Corp. wants the next generation of scores to not only reflect a record of how well or poorly consumers have paid their debts in the past but also to predict how they are likely to react to future economic events.
WASHINGTON -- Even when companies start hiring again, it will be some time before there is a serious dent in the unemployment rate, former Federal Reserve Chairman Alan Greenspan told attendees of CUNA's Governmental Affairs Conference.
In a sign that the economy may be picking up, the gross domestic product increased dramatically to an annual rate of 5.7% in the fourth quarter, according to a preliminary estimate released today by the Commerce Department.
The Jan. 12 Haiti earthquake and damage to financial services infrastructures has created a liquidity crunch in the country, said Saul Wolf, remittance manager for IRnet.