ARLINGTON, Va.–For credit unions headed into their Fall planning sessions for 2022 and beyond, one economist believes it’s pretty safe to assume next year will be much like this year—unless some sort of new COVID variant emerges.
Fresh Today
ARLINGTON, Va.–Perhaps the most surprising thing to come out of last week’s Federal Reserve meeting was the lack of surprise.
WASHINGTON—NAFCU wrote to the Small Business Administration (SBA) concerning its interim final rule (IFR) to make changes to the Paycheck Protection Program (PPP) forgiveness process.
ANN ARBOR, Mich.–The CU Lunch Local initiative is returning for its 10th year as a way to raise awareness of CUs during International Credit Union Week.
FARMINGTON, Mich.–Two Michigan credit unions have announced plans to merge.
PASADENA, Calif. – To help ease the transition back to in-school classes, Wescom Credit Union said it plans to provide Sylvan Learning Center scholarships as part of its overall #WescomKindness initiative.
SEATTLE–The booming growth of buy now, pay later (BNPL) solutions has received a major boost, with Amazon announcing it has entered into a partnership with Affirm to allow customers to pay for their purchases in installments.
WASHINGTON–Sen. Pat Toomey (R-PA) has joined with a number of other senators in calling for input from industry leaders on how to make current and future crypto regulations in the U.S. more clear and transparent.
JACKSON HOLE, Wyo.–The Federal Reserve is likely to begin withdrawing some of its easy-money policies before the end of the year, but any rate hikes remain off in the distance, according to Fed Chairman Jerome Powell.
WASHINGTON—Credit unions will need to prepare for at least some members facing housing insecurity and other related issues following a Supreme Court ruling overruled the Biden administration's newest federal ban on evictions. The ruling came in response to a bid from a group of landlords to block the pandemic-related protections for renters facing eviction in most of the country.