savings rate

Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

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Emergency Expenses Threaten Consumers as Savings Rates Decline
Emergency Expenses Threaten Consumers as Savings Rates Decline
December 15, 2022  |  Consumer Finance

Meeting short-term and long-term goals is proving onerous as savings rates decline. But the short term might prove especially hazardous for those of us —...

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U.S. Consumers Spending More, Saving Less
U.S. Consumers Spending More, Saving Less
January 30, 2018  |  Consumer Finance

The wealth effect is in full force, it seems. The Wall Street Journal reported Monday (Jan. 29) that stock prices, levitating as they are, and...

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Consumers’ Spending Blows Past September Estimates
Consumers’ Spending Blows Past September Estimates
October 31, 2017  |  Consumer Insights

U.S. consumer spending saw its largest increase in more than eight years in September, buoyed by the replacement of flood-damaged vehicles in Texas and Florida,...

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New Digital Bank Launches To … Encourage Saving
New Digital Bank Launches To … Encourage Saving
February 24, 2017  |  Digital Banking

PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering...

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