New home sales on the upswing in April

Brand new residential real estate is a hot commodity now, as confirmed when the Commerce Department announced Tuesday that new home sales increased 16.6 percent last month to a seasonally adjusted rate of 619,000, up from a revised total of 531,000 in March. In April, new home purchases were up to the highest level since […]

New fintech index ranks millennial-friendly credit unions

California-based Shastic has introduced an “innovation index,” known as the Shastic Index, that will score financial institutions on innovation, particularly on user satisfaction and performance across new digital channels, such as mobile banking and social media, says an article in CU Journal Monday. The quarterly index is designed to help financial institutions better engage their […]

2016 Alabama Legislative Session ends with unresolved bills

With the 2016 Alabama Legislative Session officially over, legislators are now back in their districts and taking time to look back at what was accomplished during the last four months. Opinions will vary between legislators and constituents, but the one thing that can be said by all is that Alabama lawmakers did pass two balanced […]

Financial institutions face cyber threat from infamous hackers

Credit unions and banks around the world should be aware of possible cyber attacks in the coming days. Financial organizations are under threat from the hacker group, “Anonymous,” that struck the Greek central bank’s website earlier this week, says an article on CU Journal. The group warns the next 30 days will be grim for […]