Fresh Today

Fresh Today

ARLINGTON, Va.—Total consumer credit rose 8.3%, at a seasonally-adjusted, annualized rate, in September and is up 4.9% compared to a year ago. Revolving credit, primarily credit cards, rose 11.8% during the month and is up 2.7% compared to September 2020.

PALM DESERT, Calif.--­­Bill Cheney, president and CEO of SchoolsFirst FCU, has been awarded the Leo H. Shapiro Lifetime Achievement Award by the California and Nevada Credit Union Leagues. The award, which recognizes excellence in credit union philosophy and a lifetime of contributions to the credit union industry, was presented during the leagues’ REACH Conference.

WASHINGTON—CUNA has received additional nominations for its board of directors, for which it has nine open seats. The deadline for nominations and seconds is this week on Nov. 11. In contested elections, voting will begin Nov. 12 and close Dec. 16.