FOMC To Wrap Up Meeting Today; No Rate Hike Expected 03/19/2019 07:54 pm WASHINGTON—The Federal Open Market Committee (FOMC) will conclude its two-day meeting today, with no rate hike expected.
One New CEO Named As Another Announces Retirement 03/26/2019 07:50 pm NEWPORT NEWS, Va.–One credit union has announced a new CEO, while another CEO has announced retirement plans.
Membership Growth Down From 1 Year Earlier; Tightest Liquidity Positioning 39 Years 03/19/2019 11:38 am MADISON, Wis.–Credit unions began 2019 with far slower membership growth than experienced during the first month of 2018, with loan balances just slightly behind the pace set a year earlier, as well, according to new data.
Summit CU's Sponem Recognized For Community Leadership 03/19/2019 11:38 am MADISON, Wis.—Summit Credit Union CEO & President Kim Sponem was recognized by two Wisconsin organizations for her statewide efforts around community leadership and female empowerment.
MSUFCU Wins Best & Brightest in Wellness Award 03/21/2019 10:00 am EAST LANSING, Mich. — MSUFCU has received the National Best and Brightest in Wellness award, which honors organizations that make their workplaces, their employees, and the community a healthier place to live and work.
A Top Fintech Influencer Joins THINK 19 Speaker Lineup 03/28/2019 07:53 pm RANCHO CUCAMONGA, Calif. – Top fintech influencer Bradley Leimer and CUNA CEO Jim Nussle have been added to the lineup of speakers for the THINK 19 conference, scheduled for May 6-9 in Miami Beach.
Pennsylvania Files Class Action Against Firms For Alleged Price Fixing 03/28/2019 07:53 pm HARRISBURG, Penn.—The state of Pennsylvania is bringing a class-action lawsuit against more than a dozen of the world's biggest financial institutions for allegedly price-fixing bonds issued by government-sponsored enterprises Fannie Mae and Freddie Mac.
Maine League's Lancaster Appointed to the ProsperityME Board 03/21/2019 11:48 am WESTBROOK, Maine--Cheryl Lancaster, Executive Vice President of the Maine Credit Union League, has been appointed to the ProsperityME Board of Directors.
South Dakota CUs Assist CU, Members Affected By Flooding On Reservation 03/28/2019 07:54 pm KYLE, S.D. – A credit union has stepped up to help Native-American residents who have been stranded by floods that have also affected its own operations. The flooding has overwhelmed portions of the Pine Ridge Reservation in South Dakota, an area served by Lakota Federal Credit Union (LFCU).
Members At 4 Of 5 CUs In Big New Zealand Merger OK Combination 03/27/2019 08:07 pm NEW PLYMOUTH, N.Z.–Members of four out of five credit unions here that are part of a proposed merger have voted in favor of the combination.