WASHINGTON–When the Federal Reserve’s Open Markets Committee adjourns today after two days of meeting, market-watchers say not only is it almost guaranteed there will be no rate cut, but the meeting could include discussion of a potential rate increase.
Fresh Today
WASHINGTON — The Consumer Financial Protection Bureau has issued a new report that suggests consumers tend to pay more for products that have more complex pricing structures.
MONETT, Mo.– A new survey of credit union and community banks has found growing deposits and operational efficiency are their top priorities.
WASHINGTON—With the Independent Community Bankers Association (ICBA) holding its Summit in Washington this week, America’s Credit Unions looked to offset some of the bank messaging with points of its own for lawmakers.
WASHINGTON –Treasury has announced its current estimates of privately-held net marketable borrowing for the April – June 2024 and July – September 2024 quarters.
PHILADEPHIA–Just days after the FDIC reported its Deposit Insurance Fund reserve ratio is on track to return to its statutory minimum of 1.35% before its statutory deadline of Sept. 30, 2028, the failure of a bank late last week is expected to cost the fund more than $650-million.
WASHINGTON—The FBI is warning Americans about using unlicensed crypto money transmitting services.
BURBANK, Calif.–Two credit unions seeking a new CEO and another looking for a chief member experience officer have just added what they are seeking in new leadership to CUToday.info’s free job board, the Gig.
NAPERVILLE, Ill.–Alloya Corporate FCU and Prizeout Partners CUSO said they are partnering to offer advisory services on technology innovation and to give its member credit unions access to the “CashBack+” suite of solutions.
TUSCALOOSA, Ala.–A mural that adorned the exterior wall of a credit union here has been badly damaged after a car crashed into the building.