CUs Adjust To Declining Rate Environment 10/02/2024 06:59 pm OKLAHOMA CITY, Okla.—If a credit union carefully manages its interest rate risk and has strong ALM practices, the new declining rate environment, sparked by the Fed’s recent 50 bp rate cut, can be easily managed, says WEOKIE FCU.
CUs Encouraged To Comment On CFPB Proposal 10/02/2024 07:00 pm WASHINGTON—Credit unions can weigh in on the CFPB’s proposed rule to amend disclosure requirements for certain remittances (international money transfers), America’s Credit Unions noted.
CU Provides Warm Meals To Those Devastated By Helene 10/02/2024 11:31 pm TALLAHASSEE, Fla.—Following a natural disaster, a warm meal can mean just as much or more to people than a short-term loan, says First Commerce CU.
Existing Home Sales Not Expected To Pick Up In ’24 10/02/2024 07:02 pm WASHINGTON—Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder of 2024.
Kenny Named CEO At Sea West Coast Guard FCU 10/02/2024 07:01 pm OAKLAND—The $395-million Sea West Coast Guard Federal Credit Union has named Michael Kenny president/CEO, the CU reported.
