ALEXANDRIA, Va.–Credit unions now have a firm number on just how much more in deposits flowed into credit union accounts during 2020 that flowed out in the form of loans. According to year-end 2020 data from NCUA, member deposits were up $242 billion, while loans increased by $55 billion.
WASHINGTON–The role credit unions can play in creating financial well-being was a priority during CUNA’s GAC, and four people took a deeper dive into the issue, sharing national findings, one CU’s specific strategies, and how the subject dovetails with CU advocacy.
WASHINGTON–Can credit union leaders learn something from a red rubber ball? According to Kevin Carroll they can.
WASHINGTON–Numerous members of Congress, including Speaker of the House Nancy Pelosi (D-CA), recorded video messages for attendees of this year’s virtual CUNA GAC.
WASHINGTON—Is that fintech a friend or foe? Often it comes down to a lunch-related question, according to one person.
RICHMOND, Va.—Virginia Gov. Ralph Northam has signed the Virginia Consumer Data Protection Act into law, giving credit unions in other states a preview of what might be expected from their own legislatures or perhaps even Congress.
WASHINGTON—The latest Federal Reserve's Beige Book revealed businesses remain optimistic regarding the next six-12 months as coronavirus vaccines become more widely distributed.
NEW YORK–A number of economic analysts are suggesting there is an “intriguing if indistinct prospect” lying in the economic future of the U.S.: a post pandemic boom.
ARLINGTON, Va.—Total vehicle sales declined in February, dropping from 16.6 million annualized units to 15.7 million during the month. Sales also fell 6.6% since this time last year.
MILWAUKEE – Twenty minority-owned small businesses have received an assist from the Milwaukee Bucks and Fiserv 1 at the Small Business Forum Milwaukee at Fiserv Forum, the Bucks’ home arena.
