WASHINGTON—Eighty-eight percent of private economists surveyed by the Wall Street Journal believe the Federal Reserve will raise interest rates two more times this year, and NAFCU Chief Economist and Vice President of Research Curt Long agrees.
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WASHINGTON—The Federal Reserve has published a Consumer Compliance Supervision Bulletin, which provides high-level summaries of a variety of compliance issues the agency has observed in its supervised entities.
JACKSONVILLE, Fla.–As CUToday.info reported, VyStar Credit Union announced plans to buy the SunTrust Tower in downtown Jacksonville and move its headquarters and up to 700 employees into the 23-story building. The SunTrust tower is highly visible on the city’s skyline and is adjacent to the St. John’s River.
HOBOKEN, N.J.–A new study has found that when it comes to saving for retirement, a quarter of all Millennials spend more getting a caffeine fix every month than they do putting money away for retirement.
CUPERTINO, Calif.—Apple has become the world's first $1-trillion company, and in the process now represents in market valuation approximately 77% of total U.S. credit union assets.
DENVER — The Mountain West Credit Union Association (MWCUA), which represents 21 credit union in Wyoming, in addition to CUs in Colorado and Arizona, said it is endorsing Republican Mark Gordon in his bid for governor.
ARLINGTON, Va.–NAFCU has sent a comment letter to the Treasury Department in response to its newly published “Report on Nonbank Financials, Fintech, and Innovation.
WASHINGTON—The Bureau of Consumer Financial Protection has finalized rule changes to codify 2015 Gramm-Leach-Bliley Act (GLBA) revisions on private notice requirements.
COEUR D’ALENE, Idaho–A suspect in an attempted robbery of a credit union here is dead after being shot by an armed security guard.
WESTBROOK, Maine–Credit unions in Maine are being cautioned against reacting to an “attempt by bankers to pit credit unions of different sizes against each other.”