February 14th, 201899159You love everything about your Valentine. You adore their dreamy eyes, contagious laugh and witty banter. You know every detail about their past and their family tree.
But how much do you know about your significant other's financial house? Would you like what you found there?
Money isn't something most people want to bring up in the middle of looking wistfully into their partners' eyes. It's not a sexy topic of conversation. But it's a part of most relationships, anyway. According to Georgia Credit Union Affiliates' 2017 Mid-Year Consumer Survey, 58 percent of Georgians think it's best to combine at least some of their financial...
February 14th, 201880124PSA — it's Valentine's Day.
Did you just inhale sharply and frantically start Googling "last-minute gifts" while simultaneously checking your bank account? Relax. You don't have to pay big bucks to have flowers delivered to your sweetie's doorstep in the next eight hours and you don't have to brave the supermarket rush to grab the last unnecessarily large teddy bear.
The perfect Valentine's Day should simply show how you feel for your significant other — and you don't necessarily need a ton of time or money to get those feelings across.
So, avoid losing the rest of your paycheck to the last bouquet at your local florist, and...
February 14th, 20181112The Consumer Financial Protection Bureau recently released a five-year Strategic Plan meant to keep the agency from "misusing" its powers.
That's according to the CFPB's Acting Director Mick Mulvaney, who has expressed concerns the CFPB was too aggressive in the past.
>> Related: Here are five things you need to know about the CFPB<<
"If there is one way to summarize the strategic changes occurring at the Bureau, it is this: we have committed to fulfill the Bureau's statutory responsibilities, but go no further," Mulvaney said in a statement. "By hewing to the statute, this Strategic Plan provides the Bureau with a...
February 12th, 20180122The Consumer Financial Protection Bureau is getting less aggressive.
That's according to a memo obtained by NPR on Monday. The station reported that the CFPB plans to unveil a "revised mission and vision of the bureau" for 2018 through 2022 which will require the agency to "fulfill its statutory responsibilities but go no further," according to the memo. It also said the bureau should be "acting with humility and moderation."
President Donald Trump's appointed interim director of the CFPB, Mick Mulvaney, has been working for the past several months to lessen the aggression of the agency meant to act as a watchdog on the financial...
February 12th, 20181207Swiss bank Credit Suisse faces a class action lawsuit from the U.S. over write-downs it allegedly took in 2016 and 2016. The bank said the lawsuit is "without merit," according to a Reuters article.
The Swiss newspaper SonntagsZeitung reported Sunday that the bank took $1 billion in write-downs during that time linked to its trading division. The class action lawsuit in New York accuses the bank, its CEO and its finance chief of giving misleading information about risky investments that cost investors millions.
But Credit Suisse said in a statement to Reuters that isn't the case.
"In the last three years Credit Suisse has analyzed...
February 9th, 20181144President Donald Trump signed a bipartisan budget agreement Friday morning, ending the five-hour government shutdown that had begun at midnight.
The spending deal will last for two years, according to an NPR article.
The deal suspends hard caps on discretionary funding and includes a one-time emergency influx of about $90 billion to help with ongoing recovery efforts for the hurricanes and wildfires that have struck the country in recent months.
To find out more about the deal, read the full NPR article. ...
February 9th, 201824124The following article appeared on the Delta Community Credit Union blog Feb.1. Delta Community Credit Union is Georgia’s largest credit union with 24 branches across metro Atlanta and three outside Georgia.
Did you know that money is one of the leading causes of arguments between couples? But finding that happy medium between spending and saving is easier than one might think. We’ve compiled a list of tasks to complete with your significant other to get on the same page when it comes to finances:
Set goals together.
Discuss near-term, short-term and long-term goals that are important to you. These goals may include paying off...
February 8th, 20180105Congress worked toward a vote Thursday on a budget deal that would stop an impending government shutdown.
But roadblocks have reared ahead of the midnight shutdown time. For one, Sen. Rand Paul (R-Ky.) raised objections before the Senate could begin voting on the bill Thursday afternoon, according to a Washington Post article. The legislation is expected to pass easily through the Senate once voting begins.
>>Related: U.S. Senate reaches two-year deal ahead of government shutdown date<<
The House could be another story. The bill would need bipartisan support to pass through that chamber — but reports indicate...
February 7th, 2018281The U.S. Senate reached a $300 billion spending deal Wednesday meant to fund the government for two years.
If the government isn't funded by Thursday, it will mean another shutdown.
The senate's agreement was announced by both Republican and Democratic leaders and would lift caps on defense funding and some domestic government spending, according to a Reuters article. The agreement also reportedly raises the debt ceiling and funds disaster relief, infrastructure and programs addressing opioid abuse.
"After months of fiscal brinkmanship, this budget deal is the first real sprout of bipartisanship," said Chuck Schumer, the leader...
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