In America’s Credit Unions’ most recent “Economic Update”, Chief Economist Curt Long indicates that while the economy generally looks good, uncertainty with Iran and AI could throw a wrench into the machine. CUSO Magazine’s Esteban Camargo reports.
As credit unions turn in annual reports and prepare for annual meetings, Chip Filson explains why this time of year is the perfect opportunity to assess the true cooperative nature of the credit union.
Credit scores. We all have one, but why and how did they get started? CUSO Magazine’s Esteban Camargo wraps up Financial Literacy Month by looking at the history of credit scores.
Traditional credit scoring methods often leave out critical context and historical information, keeping members from the loans they need. Yoel Gavloski examines the idea of going beyond the numbers to create an inclusive lending program.
This week, the US Department of the Treasury has announced it will begin reivewing current CDFIs in order to identify any potential abuse or violations of the program, Emily Claus reports.
