Bank Economists Get More Optimistic About Credit Conditions 04/10/2024 07:29 pm WASHINGTON — Economists at many of the nation’s largest banks are growing more optimistic about the outlook for credit conditions compared to the latter half of 2023, according to the American Bankers Association’s newest Credit Conditions Index released today.
A Look at What Higher Fed Funds Rate Has Meant for CU Lending, According to TruStage Economist 04/10/2024 07:34 pm MADISON, Wis.–While some on Wall Street are backing off forecasts that the Fed will cut rates three times this year—with some even predicting it may not cut rates at all—TruStage Chief Economist Steve Rick said he still expects the Federal Reserve will lower the Fed Funds rate this summer as inflation approaches its 2% inflation target.
PSCU/Co-op Solutions Launches New Fintech Engagement Program 04/10/2024 09:25 pm ST. PETERSBURG, Fla.– PSCU/Co-op Solutions has launched a new Fintech Engagement Program, which it said is designed to drive collaboration between financial solutions providers and fintech companies.
Hawaii League, Service Corp. Name New President and CEO 04/10/2024 08:57 pm HONOLULU– The Hawaii Credit Union League and its subsidiary and HCU Services Corp. have named a new president and CEO.
Mich. League CEO Dave Adams to Step Down, Lead CUSO; Corkery Names as Successor 04/10/2024 09:18 pm LANSING, Mich.–Dave Adams, the long-time president and CEO of the Michigan Credit Union League, has resigned, but will continue to lead the league’s CUSO.
Woman Arrested After Allegedly Attempting to Deposit Forged Check at CU. The First Tip-off: It Was for $985,000 04/10/2024 08:54 pm CHEYENNE, Wyo.–A Wyoming woman has been arrested after she allegedly forged a $985,000 check and attempted to deposit it at a credit union.
Cyberattacks Knock Small CU Offline for Several Days 04/10/2024 09:25 pm ST. GEORGE, Grenada–A credit union in this small country is reporting it was knocked offline as the result of a cyberattack. It reported no funds were lost.
