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ARLINGTON, Va.—Credit union leaders’ confidence in the economy and their future business prospects continues to slide, according to a new report. The decline in confidence mirrors numerous other indicators of a slowing economy, as CUToday.info has reported.

JACKSON HOLE, Wyo.–In comments at the conclusion of the Fed’s annual summer retreat here, Federal Reserve Chairman Jerome Powell said objective is to maintain the economic expansion, but also made an indirect reference to President Trump’s tariffs by saying “trade policy uncertainty” was the new challenge.

QUAD CITIES, Iowa–Members of two credit unions in different parts of the country were reporting fraudulent card activity over Labor Day weekend, with card skimmers strong suspects in both cases. One CU opened on Labor Day to help resolve the issue.

FORT WASHINGTON, Penn. — Credit unions and legislators collaborated and launched a food drive this summer and donated 1,405 pounds of canned goods and non-perishable food to Philabundance in an effort to replenish the diminishing supply in local pantries. 

REDLANDS, Calif.–Alta Vista Credit Union has named a new CEO. The $173-million credit union has named David Justice to lead the organization.

HANSCOM AFB, Mass.– Hanscom Federal Credit Union named retired Army Sergeant First Class Jim Keys as its most recent Heroes Among Us honoree of 2019. Keys was honored at LeLacheur Park,  where the Lowell Spinners overtook the Connecticut Tigers by a score of 7-3 on a hot summer night. 

WASHINGTON– Credit Union Student Choice, a provider of higher education financing solutions to credit unions, has awarded $36,000 in scholarship funds to college-bound students this spring and summer via its partner credit unions. 

OTTOWA, Canada—Canada’s federal government has launched a cybersecurity certification program for small and mid-sized businesses in hopes of increasing the attention SMBs pay to cybersecurity as well as increasing the confidence of online shoppers who buy from Canadian sites.

BUCHAREST, Romania–A credit union delegation from England and Scotland has completed a week-long trip to visit their counterparts in Romania.  

MADISON, Wis.–The Worldwide Foundation for Credit Unions said it has initiated its firstProject Storm Break response to assist credit unions and members hit hard by Hurricane Dorian in the Bahamas—the same country where the disaster relief fund was officially launched just over one month ago.