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WASHINGTON—The latest jobs report – with 75,000 jobs gained in May – reveals inflation-related pressures are minimal, which, combined with other concerns, could force the Fed to cut interest rates, asserts one analyst.

WASHINGTON–Both the House and the Senate are back in session this week, but credit unions will be paying as much attention–if not more–to NCUA than Congress.

NEW YORK–Morgan Stanley's Business Conditions Index, which captures “turning points” in the economy, fell by 32 points in June, to a level of 13 from 45 in May.

While there are a number of Loan Origination Systems (LOS) that tout intuitive, configurable, compliant and efficient solutions, integrating a new LOS platform often proves challenging.

LAKE JACKSON, Texas--TDECU has promoted Brandy Phillips to Vice President of Mortgage Lending.

MADISON, Wis.­–Members of the World Council Young Credit Union Professionals (WYCUP) are now looking to replicate a model for youth committees established by the largest credit union system in Brazil and expand it worldwide.

WASHINGTON–The House and Senate worked through a flurry of legislation of interest to credit unions yesterday, with the trade groups weighing in on bills that would delay implementation of CECL to giving NCUA authority to extend loan limits to service to military bases.

CLEVELAND–Splash Financial, a start-up that has partnered with the Pentagon Federal Credit Union to refinance student loans, has raised $4.3 million in a round of venture financing led by CMFG Ventures, a unit of CUNA Mutual Group, and Northwestern Mutual Future Ventures. 

COLUMBIA, Md.–MD|DC Credit Union Association CEO John Bratsakis and NIHFCU CEO Rick Wieczorek teamed up to fight senior scammers during a special appearance at which they looked “marvel-ous.”

TYSONS, Va.– PenFed Credit Union has been selected by the Northern Virginia Chamber of Commerce as the Greater Washington Good Business of the Year in the large business category.