FDIC: Percentage of Unbanked Households Dropped in 2021
Survey reveals less American households are without an account at either a bank or credit union, with the pandemic a main driver of the change, reports David Baumann of CUCollaborate.
Is It Time for Credit Unions to Get Their Bank On?
With overdraft fees in the crosshairs, certified Bank On accounts are gaining recognition. Esteban Camargo explains what these accounts are and how credit unions can implement them at their institutions.
Only Six People Have Participated in Postal Banking Pilot
David Baumann of the Washington Credit Union Daily reports that a mere six people have participated in the United State Postal Service’s postal banking pilot program, USPS officials said.
