ARLINGTON, Va.—Despite conflicting data and opinions aired by panel members in September, NAFCU Vice President of Research and Chief Economist Curt Long said that based on a strong labor market and growing GDP, the Federal Open Market Committee (FOMC) will likely move forward with a rate hike in December.
Fresh Today
ALEXANDRIA, Va.–Eight members of New York’s congressional delegation have sent a letter to NCUA asking it to take a more flexible approach with credit unions that make taxi medallion loans.
OKLAHOMA CITY, Okla.–Allegiance Credit Union has named a new president and CEO. The $260-million Allegiance has promoted Amy Downs into the top spot.
PLANO, Texas–Three years after launch, Catalyst Corporate is reporting its loan participation program has surpassed the $2-billion mark.
SANTA ROSA, Calif.—California wildfires that have now killed 26 people have impacted hundreds of credit union employees, with a number losing their homes.
ROCHESTER, N.Y.–David Vigren, one of the only CEOs to ever lead a conversion to a credit union charter, has died. Mr. Vigren was 76.
LAS VEGAS–Geoff Bullock, financial education specialist with the $1.1-billion Firefly Credit Union in Burnsville, Minn., has been named the 2017 CUES Next Top Credit Union Exec (NTCUE).
DULUTH, Minn. – Two credit unions have announced new names and branding.
PURCHASE, N.Y. – Mastercard has introduced the “This Could Be You” World Series Sweepstakes, giving baseball fans a chance to hand out championship gear to the 2017 World Series champions right on the field right after the final out of the World Series.
LARGO, Fla.–A man who Googled “How to Rob a Bank” apparently did not also Google “How to Get Away” after allegedly robbing a credit union.