WASHINGTON–With credit unions still focused on priorities in the lame duck session of Congress, attention is already turning to what the 118th Congress might hold when it convenes next year—and it’s going to be tight.
Fresh Today
WASHINGTON—Should a recession occur, credit union won’t feel the effects all that deeply, according to a new forecast from CUNA.
RANCHO CUCAMONGA, Calif. – Mixed economic signals are leaving consumers “feeling uneasy” ahead of the holiday shopping season, according to Co-op Solutions, which is forecasting slower sales growth during the holidays.
ARLINGTON, Va.—Existing home sales declined 5.9% in October to a seasonally-adjusted annualized rate of 4.4 million units, marking the ninth straight month of declining sales and representing a 28.4% decrease in sales compared to last year, NAFCU reported.
WASHINGTON—The Senate Finance Committee is being asked to make current mortgage insurance premium tax deductions permanent.
ST. PETERSBURG, Fla.– PSCU and Mercator Advisory Group have published a new white paper, “Digital Account Opening: Keys to Success in Credit Union Lending.”
TEMPE, Ariz.–Used car retailer Carvana, with which some credit unions have partnered on lending as other CUs have expressed interest, reported it is laying off 1,500 employees, or about 8% of its workforce.
DENVER–In addition to the new jobs added last week to CUToday.info’s free job board, the Gig, five more credit unions offering C-suite and other open positions for which they are seeking applicants were added over the weekend. Among those jobs are two organizations seeking CEOs.
IRVINE, Calif.–The Defense Credit Union Council was a participant in a financial wellness webinar hosted by the University of California-Irvine that focused on fostering financial stability for veterans.
WASHINGTON— A joint Cybersecurity Advisory (CSA) that shares technical details associated with Hive ransomware variants identified through FBI investigations and that provides advice has been published.