NEW YORK–Auto dealers across the country say they are reducing the inventory on their lots in preparation for a slowdown in sales, with one going as far as to say he knows a recession is coming.
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ARLINGTON, Va.—Existing-home sales fell 1.7% to a seasonally adjusted annual rate of 5.3 million units in June, a slight retreat from gains made in the previous month.
GRAY, Tenn.–Appalachian Community FCU here, which has returned a $1-million grant to the federal government, said it’s getting back to the basics and is not in a position to support grant-funded activities.
RICHLAND, Wash.–Two billion-dollar-plus credit unions in Washington announced they have received regulatory and member approval to complete a merger, and now plan to work to integrate systems and also select a name.
GREAT FALLS, Mont.–Two Montana credit unions have announced plans to merge. By a 279-11 vote, members of the $5-million Shelby Community Credit Union have voted in favor of combining with 1st Liberty Credit Union.
ARLINGTON, Va.–Federal regulators need to continue to reject the “cockeyed worldview” of big banks, especially when it comes to allowing those banks to take on even more risk.
WASHINGTON—Ahead of this week’s hearing examining the proposed merger between SunTrust and BB&T, NAFCU encouraged members of the House Financial Services Committee to look at big bank riskiness and the impact a potential merger would have on consumers, community institutions and competition.
WASHINGTON–The Financial Crimes Enforcement Network (FinCEN) has announced new efforts to curtail and impede Business Email Compromise (BEC) scammers and other criminals who profit from their schemes.
MADISON, Wis./WASHINGTON–Young credit union members deposited more than $15 million into their savings as part of this year’s National Youth Savings Challenge, which was held during National Credit Union Youth Month in April.
MADISON, Wis. – The National Credit Union Foundation is reminding the deadline is approaching for credit union supporters to nominate individuals and organizations for the Herb Wegner Memorial Awards.