Economic Dip, Growth, Another Dip, & Then... 05/20/2019 08:25 pm NEW YORK–An economic forecaster with a 96% accuracy rate is predicting a rather mild economic turndown in 2020, before a rebound, another slightly deeper recession in 2023, and then a strong and robust remainder of the decade.
Ex-CEO Enters Plea Deal Over $40 Million Theft 05/16/2019 08:22 pm STUDIO CITY, Calif.–The former CEO of the now-defunct C B S Employees FCU has agreed to a plea deal with federal prosecutors in which he admits to stealing more than $40 million over the past 20 years.
Pen Air FCU Donates $100,000 to Big Brothers Big Sisters 05/16/2019 09:12 pm PENSACOLA, Fla.–Pen Air Federal Credit Union has presented a gift of $100,000 to Big Brothers Big Sisters of Northwest Florida (BBBS) in partnership of the BBBS 30th Anniversary Campaign.
It's Not About the Food 05/25/2019 12:03 pm NEW YORK CITY–Shake Shack has exploded as one of the most popular of fast casual restaurants in the company, in large part because of a focus on employing great people, not just offering great food. It offers some lessons for credit unions when it comes to hiring.
One CU Has Given Away More Than 200 Cars In 18 Years 05/16/2019 09:12 pm WESTMEATH, Ireland–With its most recent giveaway of a new car, Mullingar Credit Union here is reporting it has given away 215 cars over the past 18 years.
GTE Financial Wins Mastercard Award 05/25/2019 12:03 pm TAMPA, Fla.–GTE Financial Credit Union announced Mastercard has awarded the company its 2019 Community Institutions Doing Well by Doing Good award for its continued philanthropic efforts in the Tampa Bay area.
Hood Tells Congress NCUA Seeking Additional CECL Resources; Would Support Delay 05/17/2019 08:08 am WASHINGTON–NCUA Chairman Rodney Hood said the agency is working to get more assistance from the Financial Accounting Standards Board regarding CECL.
Hawaii Community FCU Appoints Merrick H. Nishimoto to Supervisory Committee 05/17/2019 02:00 pm KAILUA-KONA, Hawaii--Hawaii Community Federal Credit Union has appointed Merrick H. Nishimoto to its Supervisory Committee.
OTIS FCU Staff Participates in Financial Fitness Fair 05/27/2019 10:03 am JAY, Maine—Eight employees of OTIS Federal Credit Union visited Spruce Mountain High School and hosted a Financial Fitness Fair in conjunction with the Jobs for Maine Graduates program.