Fed Kicks Off Two-Days of Meetings Today as Critics, Proponents Respond to Rate Increases; Plus, What CUs Should Expect 07/25/2022 07:55 pm WASHINGTON–The Federal Reserve’s Open Market Committee (FOMC) will kick off two days of meetings today and the decision they announce tomorrow will affect everything from the major U.S. markets to credit unions that are seeing strong loan growth to individual credit union members struggling with monthly bills.
Allied Solutions Makes Investment in Rate Reset 07/25/2022 08:04 pm CARMEL, Ind.—Allied Solutions, a provider of insurance, lending, risk management, and data driven solutions, reported it is investing in Rate Reset.
‘Incredibly Busy Week’ in DC With Bills CUs Support and Also ‘Adamantly Oppose’ 07/25/2022 07:56 pm WASHINGTON–It’s going to be an “incredibly busy week” for credit unions in Washington, according to one person, and that includes action that may be taken on one bill CUs “adamantly oppose.”
2 Award-Winning White Papers From Southeast CUNA Management School Now Available 07/25/2022 07:54 pm ATHENS, Ga.–Two groups that authored white papers as part of their work at Southeast CUNA Management School have been recognized for their work.
El Paso Area Teachers FCU Unveils New Name 07/25/2022 07:55 pm EL PASO, Texas–El Paso Area Teachers FCU has a new name. The 86-year-old credit unions is now called Raiz Federal Credit Union, with the name pronounced as “rise.”
CU Loans Outstanding Were Up More Than 2% in May, Led by Mortgages, New CUNA Data Show 07/25/2022 07:55 pm WASHINGTON—Credit union loans outstanding increased 2.3% in May, compared to a 1.9% increase in April of 2022 and a 0.8% increase in May of 2021, according to CUNA's latest Monthly Credit Union Estimates.
SECU Foundation Awards $40K Grant 06/22/2022 12:04 pm RALEIGH, N.C. – The SECU Foundation has announced a $40,000 grant for the Housing Consultants Group (HCG), a non-profit that provides financial counseling services and homebuyer education for underserved and diverse populations in the Piedmont/Triad area.