Allegacy CU to Open Branch 05/22/2023 11:04 am CHARLOTTE, N.C.–Allegacy Credit Union has announced plans to open a new location this fall in the Charlotte suburb of Indian Trail, N.C., seven months after the opening of its Prosperity Church Road Financial Center.
Proper Pricing 'Never More Critical' 05/22/2023 08:26 pm DALLAS—Getting proper pricing in place has never been more “critical” as credit unions look for strategies to respond to balance sheet and liquidity pressures, according to ALM First, adding part of the response has been a particular focus on certificate pricing.
Financial Well-Being Declined During 2022, According to New Fed Report. Here’s What it Found 05/22/2023 08:04 pm WASHINGTON–Higher prices have negatively affected most households and overall financial well-being declined during 2022, though workers continued to benefit from a strong labor market, according to the Federal Reserve’s new “Economic Well-Being of U.S. Households in 2022 report.”
Fed Leaders Indicate They are Pausing Rate Hikes, Says NAFCU Economist 05/22/2023 08:04 pm WASHINGTON—The Fed chairman and other Fed leaders are sending some signals that after a year-plus of ongoing rate hikes aimed at cutting inflation, they are prepared to pause.
As Bankers Leave Town, CUNA Follows Up With Message to Congress on CU Tax Exemption 05/22/2023 07:59 pm WASHINGTON—In the week after a bank trade association held an annual meeting in Washington that included their own Hill hikes, CUNA said it has followed up by contacting members of Congress with its own message about the value of the credit union tax exemption.
Debt Ceiling The Focus In DC This Week 05/22/2023 08:04 pm WASHINGTON—The U.S. debt ceiling--with its deadline 10 days away--will be the major focus in Washington this week, and it will have the attention of NAFCU, the trade association said.
