WASHINGTON—Federal Reserve Chairman Jerome Powell said that while it will challenging, the Fed will be able to fight inflation over the next few years without causing a recession.
Fresh Today
WASHINGTON–CUNA has issued a resolution supporting Ukrainian credit unions following the Russian invasion, while other credit unions in the U.S. continue to announce donations to help refugees and to launch initiatives urging members to provide support.
WASHINGTON—NAFCU and CUNA have joined with several trade associations in sending a letter to Treasury Secretary Janet Yellen, calling for the department to use its platform to raise public awareness of the coin circulation slowdown, and publicize the need to get coin moving in the economy once again.
ARLINGTON, VA.—NAFCU is calling on NCUA to initiate a rulemaking to expand its Chartering and Field of Membership (FOM) Manual to include all “immediate family” in the event of a credit union member’s passing.
WASHINGTON—President Joe Biden has released a statement on domestic cybersecurity as he seeks to elevate his previous warning about the potential for Russia to conduct cyberattacks on the U.S.
CHADDS FORD, Penn.–The $23-million Wawa Employees Credit Union said it is moving forward with its merger with the $1.6-billion Franklin Mint FCU following approval by both credit unions and a vote by members of WECU.
LITTLE ROCK, Ark.–Baptist Health FCU said it has selected Dolphin Debit to manage its fleet of ATMs.
CHICAGO–Alliant Credit Union is reporting its loan trading desk has started 2022 with $139.6 million of loan participations sold in the first two months of 2022, primarily consisting of recreational vehicle (RV) loans.
BIRMINGHAM, Ala. --The League of Southeastern Credit Unions (LSCU) said it is endorsing Katie Britt in her Senate run in the 2022 elections.
WASHINGTON–The Securities and Exchange Commission (SEC) has given initial approval to a much-debated proposal that would require public companies to report climate-related effects on their businesses.