Expansion Over; Economy Shrunk Nearly 5% in Q1; Fed Leaves Rates Unchanged 04/29/2020 08:10 pm WASHINGTON — The U.S. economy shrank at a 4.8% annual rate during the second quarter of 2020 as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
And the 2020 International Credit Union Day Theme Is… 04/29/2020 08:08 pm MADISON, Wis.–The theme for International Credit Union Day 2020 has been announced: “Inspiring Hope for a Global Community.”
St. Mary's Bank Supports PAL 04/29/2020 09:00 pm MANCHESTER, N.H. — St. Mary’s Bank recently made a $10,000 donation to Nashua PAL (Police Athletic League) to help with the major remodeling of its Youth Safe Haven building on Ash Street.
Hood Sends Letter to Senate Banking Chair ID'ing Where 'Dramatic Steps' Can Be Taken 04/30/2020 07:12 am ALEXANDRIA, Va.–NCUA Chairman Rodney Hood has responded to a request from the chairman of the Senate Committee on Banking to id
CUNA, NAFCU Join Other Groups in Letter to SBA on Problems With PPP; Separate Letter on EIP Issues 04/29/2020 09:15 pm WASHINGTON—CUNA, NAFCU and numerous other financial services organizations are raising new concerns with the Paycheck Protection Program (PPP) loan submission process and E-Tran access issues.
Here’s a Look at Latest Analysis of How the Coronavirus is Changing Spending Patterns 04/29/2020 09:00 pm ST. PETERSBURG, Fla.–The latest data analysis from PSCU shows how consumer spending continues to change and evolve during the coronavirus pandemic.
SBA Reserves Certain Hours for PPP Apps from Smaller Lenders; Is Restricting Use of RPA With PPP Applications 04/29/2020 09:28 pm WASHINGTON–NCUA has told credit unions that the Small Business Administration's Paycheck Protection Program would restrict loan applications to institutions of $1 billion or less in assets from 4 p.m. to 11:59 p.m. ET on Wednesday.
File size: 0 B Download file CUNA, NAFCU join with bank trade groups in letter to Treasury Secretary.