Effects of Higher Rates, Best Practices for Participations Discussed at ALM First Financial Institute 03/24/2022 08:16 pm DALLAS—Higher rates and wider asset spreads are positive for depositories largely funded with core deposits, according to Jason Haley, chief investment officer for ALM First.
Premier America CU in 10-Year Deal With University That Includes Renaming of Arena, Other Partnerships 03/24/2022 08:15 pm NORTHRIDGE, Calif.–Premier America Credit Union said it has entered int a 10-year, multifaceted partnership agreement with California State University, Northridge.
Powell Says Fed Supports Innovation, But It’s Also ‘Easy to See the Risks’ in Crypto 03/24/2022 08:19 pm WASHINGTON–Federal Reserve Chairman Jerome Powell said the central bank supports innovation in digital financial products, but he also cautioned that it’s “easy to see the risks” of certain new technologies, including cryptocurrencies.
Sound CU, UW-T’s Center for Business Analytics Again Sponsoring Fintech Pitch Challenge 03/24/2022 08:15 pm TACOMA, Wash.–Sound Credit Union and the University of Washington-Tacoma’s Milgard Center for Business Analytics announced the second annual UW FinTech Pitch Competition with a goal of creating “better member experiences.”
Now at 55.8 Cents Per Mile, NAFCU Urges IRS to Increase Standard Optional Mileage Rate 03/24/2022 08:16 pm WASHINGTON—The IRS needs to adjust the 2022 standard optional mileage rate to reflect the strained oil market and rising gas prices, as well as the impacts consumers face because of inflation and the COVID-19 economic recovery, NAFCU told the tax collector in a letter.
Teachers Credit Union Names New President and CEO 03/24/2022 08:18 pm SOUTH BEND, Ind.—Teachers Credit Union has announced a new president and CEO.
Membership Growth in January Just One-Fifth of What it Was 1 Year Earlier; But Loans up 7%, Reports CUNA Mutual 03/24/2022 08:19 pm MADISON, Wis.–Credit unions added 96,000 memberships in January, significantly below the 514,000-gain recorded in January 2021, according to CUNA Mutual’s latest Trends Report.
PSCU Names Final Keynoter, Panel Participants for Upcoming Member Forum 03/24/2022 08:22 pm ST. PETERSBURG, Fla.–PSCU has announced its final keynote speaker and the participants of its Credit Union Executive Panel at its Member Forum 2022, set for April 26-28 at the Bellagio Hotel in Las Vegas.
Former CEO, Board Members Go Public, Create Website Opposing CU’s Merger 03/24/2022 08:37 pm MONTPELIER, Vt.–The former CEO and two former board members of Vermont State Employees Credit Union are expressing opposition to VSECU’s plan to merge with another CU, and have created a website urging others to help stop the merger.
Dupaco Community Opens New Innovation Lab 03/25/2022 10:04 am MONTICELLO, Iowa-- Dupaco Community Credit Union and Dubuque-based Creative Adventure Lab have combined programming content and expertise to empower financial education, community innovation, and entrepreneurship programming at The Innovation Lab in Monticello, Iowa.
