iTHINK Financial CU Offering Early Access to Paycheck 05/22/2022 04:13 pm DELRAY BEACH, Fla.–iTHINK Financial Credit Union said it has begun offering Early Direct Deposit to members, a free service that provides members with access to their paycheck up to one day early.
CU Pride Month to Kick off With Leadership Conference on June 1 05/22/2022 04:13 pm HENDERSON, Nev.–Declaring June as “CU Pride Month,” the organization that serves LGBTQ+ credit union professionals and community said the month will be all about building an inclusive environment within the credit union industr
Inclusiv/Mortgage Announces Several Expansions, Including Higher LTV ITIN Lending 05/22/2022 04:19 pm NEW YORK–Inclusiv/Mortgage, a unit of Inclusiv, said it is expanding in several areas, including higher LTV ITIN lending, a third-party origination partnership, and the pilot launch of operations in Puerto Rico.
Fannie Mae Forecasts ‘Soft Landing Unlikely,’ Sees Recession in Latter 2023 05/22/2022 04:16 pm WASHINGTON—Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced rate of 1.3%, 0.8% percentage points less than previously predicted, according to Fannie Mae.
TruMark Financial CU Names Successor to Retiring CEO Richard Stipa 05/22/2022 04:14 pm FORT WASHINGTON, Penn.–TruMark Financial Credit Union has named a successor for its retiring CEO, Richard F. Stipa, who has led the credit union for the past 21 years. The $2.8-billion Trumark Financial said it has selected Kelly Botti to lead the organization.
Rising Rates Taking Toll on Existing Home Sales 05/22/2022 05:26 pm ARLINGTON, Va.—Existing home sales fell 2.4% in April to a seasonally adjusted annualized rate of 5.61 million units, representing a 5.9% decrease in sales compared to last year.
CU Leaders Feeling More Optimism About Future in Latest Sentiment Index 05/22/2022 04:16 pm ARLINGTON, Va.—Despite persistent inflation, rising rates and predictions for a recession within the next year, credit union leaders are more optimistic about the future of their credit unions, according to an April poll.
Thursday’s NCUA Board Meeting Will Not be Filling Your Day 05/22/2022 04:16 pm ALEXANDRIA, Va.—When the NCUA board meets Thursday, the meeting should be brief.
Pen Air Continues to Support Military 05/23/2022 02:04 pm PENSACOLA, Fla.–Pen Air FCU said it has provided more than $100,000 for local military events and organizations.