The Financial Hole Gets Deeper For Many Americans 11/15/2020 05:09 pm ST. LOUIS–Nine months into a pandemic-related economic slowdown, many Americans have dug themselves into a much deeper financial hole than where they were at the beginning of the year, according to a new survey.
European Credit Unions Urged to Prepare for Economic ‘Harsh Realities’ 11/15/2020 05:09 pm BRUSSELS–Members of the European Network of Credit Unions (ENCU) were told to expect the gross domestic product (GDP) of the European Union (EU) to contract by 7.4% in 2020, while EU unemployment will hit a high of 8.6% next year.
Number of Long-Term Unemployed Continues to Rise 11/15/2020 05:06 pm NEW YORK–While the overall unemployment number in the U.S. continues to decline, the number of long-term unemployed is soaring.
GFAFCU CEO Tina Sbrega Announces Retirement Plans; Search on for Successor 11/15/2020 05:08 pm GARDNER, Mass. —Tina M. Sbrega, president and CEO of the $594-million GFA Federal Credit Union, has announced plans to retire in the Spring of 2021. The credit union has launched a search for a successor.
NCUA to Host Webinar on PALs, Short-Term Lending Today 11/15/2020 05:06 pm ALEXANDRIA, Va. – NCUA said it will host a webinar today for credit unions interested in offering payday alternative loans (PALs) or other forms of short-term lending.
