Financial literacy

$100K and a dream: College senior plots student-run credit union


A group at George Washington University has been working to open a de novo institution to serve students, but the would-be institution faces a variety of hurdles before it can open its doors.


Why Ally Bank built an island on Animal Crossing


The digital bank is on a larger mission to attract younger customers. It's inserting itself into the popular video game in the hope that game players will learn about its products and have fun at the same time.


How much should Chase’s new kids’ account concern credit unions?


Many credit unions offer youth accounts to help establish early banking relationships, but a new account for kids from the nation’s largest bank has raised the level of competition.


NCUA chief unveils plan to tackle 'the civil rights issue of our time'


In an exclusive interview announcing the regulator's new financial inclusion program, NCUA Chairman Rodney Hood explains why the time was right to double down on the agency's efforts to expand access for marginalized communities.


Social media ambassadors, online education: How banks are courting Gen Z


Bank of America and Clinton Savings Bank in Massachusetts are targeting consumers at a young age and hoping to keep them for life.


Kraninger wants more money for CFPB. White House has a different plan.


The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and was hand-picked by the administration — aims to boost spending and hire more employees.


Comerica names new chief credit officer in latest management shake-up


The promotion of Melinda Chausse was one of several leadership changes the Dallas company announced this month.


‘Absolute scam’: Complaints about credit monitoring plans flood CFPB


Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.