CHARLOTTE, N.C.– While the September jobs numbers showed a surprisingly strong employment market, economists with Bank of America are forecasting the pace of job growth will be approximately half the current rate during the fourth quarter of this year and then will turn negative.
Fresh Today
MERIDIAN, Idaho – Idaho United Credit Union has named a new CEO.
WESTBURY, N.Y.– Jovia Financial Credit Union said it has entered into partnership with the Long Island Nets (LI Nets), the NBA G League affiliate of the Brooklyn Nets.
WASHINGTON—As it approaches its centennial, NAFCU has written to the Federal Housing Financial Agency (FHFA) in response to the agency’s comprehensive review of the Federal Home Loan Bank (FHLB) System, urging it not to disrupt the FHLB System as a result of this review.
WASHINGTON—The CFPB is suing the online event registration company ACTIVE Network for “tricking” people trying to sign up for fundraising road races and other events, into enrolling into its annual subscription discount club, Active Advantage.
WASHINGTON—Stablecoins have the potential to “fundamentally alter the landscape of banking,” according to the head of the FDIC.
RENO, Nev.–After testing an offering of traditional banking services to a rapidly growing, cash-based industry, Greater Nevada Credit Union said it is now offering a full suite of services to cannabis-related businesses.
ALEXANDRIA, Va.–More than 30 credit unions have recently filed paperwork with NCUA announcing plans to merge, according to the latest review by CUToday.info, which again found wide disparities in CUs returning net worth to members (not that many), several CUs seeking to merge in multiple other CUs at once, combo’s in which the merging and acquiring CUs are both losing money, and several examples of credit unions reaching across state lines and even the country with merger partners.
DUBUQUE, Iowa—More than 74,000 participating members of Dupaco Community Credit Union have received a share of nearly $3.7 million in bonus patronage dividends for 2022.
LAS VEGAS–If credit unions weren’t already aware of both the sobering threats and equally exciting promise presented by fintechs, one group of people here made both those scenarios clear in just 45 minutes of discussion and debate.