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3 weeks ago | 
bankrate.com | Matthew Doffing |Marc A. Wojno
Money was tight for most Americans before the Trump Administration announced its tariff increases on April 2. Now, they face financial strains amidst a new uncertainty: What does the future hold for the U.S. economy, and what will it mean for Americans’ ability to get by? Americans’ non-mortgage debt now sits at historic levels, according to the Federal Reserve Bank of New York.
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1 month ago | 
bankrate.com | Matthew Doffing |Marc A. Wojno
When people clean their homes in the spring, they have to determine what to keep and what to toss. Financial accounts also need their own form of spring cleaning. But how do you know when it’s time to declutter your accounts? I never thought much about how many bank accounts I had—until I realized I couldn’t be sure I had kept track of them all.
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2 months ago | 
bankrate.com | Matthew Doffing |Marc A. Wojno
If you’ve shopped for a deposit account – be it a high-yield savings account, money market account or a certificate of deposit (CD) – you’ve probably encountered this dilemma: You see a great yield at an online-only bank, but not at your bank or credit union. What if you want a high-yielding savings account but don’t want to spread your money across another bank? I often hear this when talking with friends who want a better annual percentage yield (APY) on their deposit accounts.
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Feb 4, 2025 | 
bankrate.com | Matthew Doffing |Marc A. Wojno
No one can predict the future direction of interest rates for certain, but some prescient economic prognosticators have been successful. Case in point: Just prior to the Federal Reserve’s announcement on Jan.
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Jan 21, 2025 | 
bankrate.com | Matthew Doffing |Marc A. Wojno
It’s not easy to grow your savings. If you’re like most Americans, earning the highest interest rate on your deposit accounts would be very helpful this year. But in Bankrate’s recent Emergency Savings Survey, most Americans say they have less emergency savings now than they did at the beginning of 2024. Previously, in Part 1 of this article, I covered how certificates of deposit (CDs) can help you grow your savings, even for emergency or rainy-day funds.
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Jul 1, 2023 | 
cumanagement.com | Angela Robinson |Kathleen Peters |Matthew Doffing
7 minutes Consider courting small-business members using these four steps. It’s the year of wanting deposits. While most credit unions are dreaming up ways to gather more retail deposits, an increasing number of institutions are eying a less explored market: small businesses. According to Cornerstone Advisors’ “What’s Going On in Banking 2023” study, 39% of credit unions said small-business deposits were a high priority in 2023, up from 2022 when only 12% of credit unions said the same thing.
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Jul 1, 2023 | 
cumanagement.com | Angela Robinson |Kathleen Peters |Matthew Doffing
2 minutes From the editor The CUES RealTalk! online discussion series is back this summer, with more real talk and more real stories. This four-part series tackles the important, but often hard-to-discuss, issues impacting women in the workforce. On July 17, get inspired by CUES’ own Jimese Harkley, VP/membership, as she shares her experiences in managing diversity along her career path and within her personal life.
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Jul 1, 2023 | 
cumanagement.com | Angela Robinson |Kathleen Peters |Matthew Doffing
8 minutes Many factors are impacting the dream of homeownership for younger buyers today. It’s no secret the mortgage industry has seen its fair share of ups and downs over the past two years, with lenders navigating the shift from a hot to an increasingly uncertain market amid rising rates and looming recession. Lenders are also experiencing a shift in first-time homebuyers’ mindset.
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Jul 1, 2023 | 
cumanagement.com | Angela Robinson |Kathleen Peters |Matthew Doffing
3 minutes RBFCU focuses on communication, education and low down payments to assist young homebuyers in a tough market. In densely populated areas, younger buyers are still apprehensive and struggling to buy homes, says CUES member Robert Zearfoss, chief lending officer of $16.9 billion Randolph-Brooks Federal Credit Union, Live Oak, Texas. “Realtors in our area are seeing first-time buyers priced out of the market from the large amount of appreciation of the last 36 months.
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Jun 30, 2023 | 
cumanagement.com | Angela Robinson |Kathleen Peters |Matthew Doffing
10 minutes Why loan officers and financial departments must work together “There are...wait for it...43,252,003,274,489,856,000 ways of arranging the squares, and only one of these is the solution. Turn and twist away—can you solve it?” Can you guess what that quote is referring to? If you guessed the Rubik’s Cube, you’d be right.
