WASHINGTON—Despite worries by members of the Federal Open Market Committee (FOMC) over persistently low inflation levels, continued strengthening in the labor market and increased economic activity still point to a December quarter-point rate hike, one analyst reports.
Fresh Today
ARLINGTON, Va.—New-home sales rose 6.2% from September – the fastest sales pace since October 2007.
WASHINGTON—Credit unions accounted for 9% of all mortgage originations in 2016, according to Home Mortgage Disclosure Act (HMDA) data.
MADISON, Wis.—Three credit unions have announced early Christmas presents for members, with bonus dividends and other payouts ranging from $1 million to $5 million.
SALT LAKE CITY – Children’s Miracle Network Hospitals said it is celebrating its more than two-decade partnership with America’s credit unions by kicking off the second annual “Vote for Miracles” campaign.
WASHINGTON–The Independent Community Bankers of America (ICBA) has become the latest to file a lawsuit against Equifax Inc. for its recent breach of 145.5 million consumer records and 209,000 payment cards.
WASHINGTON—The Department of Labor (DOL) announced that its fiduciary rule will be delayed 18 months, making its effective date July 1, 2019.
MADISON, Wis. – The CUNA Mutual Group Foundation has launched a holiday giving campaign to help credit union staff and members affected by hurricanes, floods and wildfires in the U.S. mainland and Puerto Rico this year.
ARLINGTON, Va.–The latest issue of The NCUA Report has been released, including a column from NCUA Board Chairman J. Mark McWatters in which he outlines the agency’s regulatory relief efforts to date.
HOUSTON–Harris County Federal Credit Union, which had been outsourcing management of its ATMs for several years, has now turned those ATMs over to Dolphin Debit in a move the company reported has yielded improved service for the credit union.
