WASHINGTON–As expected, the Federal Open Market Committee has moved to raise rates. It has now set the target range for the federal funds rate to 1.75% to 2%.
Fresh Today
MADISON, Wis.–Nominations are now open for the highest honors presented by credit unions in the U.S., the Herb Wegner Memorial Awards presented by the National Credit Union Foundation.
LAWRENCEVILLE, Ga.—The latest report from Black Book shows used vehicles continue to hold their values well this spring.
ATLANTA–Consumers are increasingly ranking security ahead of ease of use and speed when it comes to how they perceive online account openings, according to a new study.
CHESTERFIELD, Mo.—A new report shows that 42% of consumers estimate their vehicle service contracts and ancillary protection plans have saved them an average of $1,000-$2,000 on repairs or parts replacements.
ROCKY HILL, Conn.–Nutmeg State Financial Credit Union has acquired technology and professional services provider DaLand Solutions.
WASHINGTON—The Senate Banking Committee has approved the nominations of Richard Clarida and Michelle Bowman to serve on the Federal Reserve Board.
PLANO, Texas–CU Benefits Alliance has become the latest company to open a store in The Credit Union Mall.
GIBSONS, B.C.–Sunshine Coast Credit Union here has joined with two other organizations as part of an initiative to keep people housed during times of acute financial stress by offering short-term, interest free loans and support through advocacy and referral services.
DUBLIN, Ireland–One credit union here that was victimized by fraud is reporting it spent nearly five times the amount of the fraud itself on a follow-up investigation and compensation to victims.