WASHINGTON—Consumers are beginning to move funds into money market funds and certificates as they chase higher yields, according to new data from CUNA.
Fresh Today
ALEXANDRIA, Va.—The average pay of NCUA employees topped $128,000 for 2017, according to data from FederalPay.org.
ARLINGTON, Va.—The latest jobs report–with 213,000 jobs gained June – revealed strong job growth and improved labor force participation. But NAFCU Chief Economist and Vice President of Research Curt Long noted that wage growth continues to lag.
WASHINGTON—Two recent court decisions at the federal appellate level have shown a willingness to more narrowly define an Automatic Telephone Dialing System (ATDS), noted NAFCU.
AUSTIN, Texas–Another unique feature that will drive even more value back to attendees has been added to the agenda of the CUTomorrow Conference.
WASHINGTON—The possibility of delaying NCUA’s risk-based capital (RBC) rule will be discussed by the House and Senate this week.
WASHINGTON–A new name has surfaced as a potential appointee to the NCUA board. Former NCUA Board Member Geoff Bacino said Senate Minority Leader Chuck Schumer (D-NY) is considering former NCUA Public and Congressional Affairs head Todd Harper as the Democratic nominee. The seat, formerly held by Debbie Matz, would only have three years left on it.
SAN DIEGO–A record number of teams have entered the 2018 XDI Credit Union Chili Challenge.
LONDON–London Mutual Credit Union has launched a dedicated new financial support service for military personnel. The service launched in conjunction with Armed Forces Day.
BRUSSELS, Belgium—The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has released a 30-page report on cryptocurrency titled “Virtual Currencies and Central Banks’ Monetary Policy: Challenges Ahead.”