WASHINGTON—The U.S. economy grew 2.1% in the third quarter, remaining unchanged from the second estimate, according to the Commerce Department's final estimate.
Fresh Today
WASHINGTON—The growth of payments using debit and credit cards and the automated clearinghouse (ACH) system continued to accelerate from 2015 to 2018, while check payments continued their long-run decline, according to U.S. noncash payments data collected by the Federal Reserve.
WASHINGTON—The new year marks not just the beginning of the 2020s, but the effective date of several important rules for credit unions, CUNA is reminding.
DULUTH, Ga.–Mike Mercer, who served as president/CEO of Georgia Credit Union Affiliates for more than 30 years and who earned numerous recognitions during his career, including the highest honor one country presents, will retire as of Dec. 31. Mercer currently leads the League of Southeastern Credit Unions, into which the GCUA merged in September 2019.
PASCO, Wash.–Credit unions are starting to build a new tradition: Helping kids stay on the good side of the lunch lady.
BRANDON, Fla.– A man who allegedly shot two people while robbing a Brinks worker outside a credit union here got away with $120,000 in cash, according to details that were part of a search warrant.
MILWAUKEE, Wis.–QuantyPhi has released two videos explaining how loan participations can help credit unions.
TALLAHASSEE, Fla.–The Florida Bankers Association, which has been among the most outspoken in their criticism of credit unions, plans to keep up its attacks in 2020 over what it considers too much “leniency” for CUs.
WASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the CWASHINGTON–Comptroller of the Currency Joseph M. Otting has taken to YouTube to make his pitch for why the OCC is proposing a rewrite of the anti-redlining rules that are part of the Community Reinvestment Act.ommunity Reinvestment Act.
DURANGO, Colo.–Two Colorado credit unions have announced merger plans. Members of Southwest Colorado FCU have voted in favor of merging into Denver-based Credit Union of Colorado.