MONTPELIER, Vt.–The former CEO and two former board members of Vermont State Employees Credit Union are expressing opposition to VSECU’s plan to merge with another CU, and have created a website urging others to help stop the merger.
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WASHINGTON–Federal Reserve Chairman Jerome Powell said the central bank supports innovation in digital financial products, but he also cautioned that it’s “easy to see the risks” of certain new technologies, including cryptocurrencies.
ARLINGTON, Va.—New-home sales fell 2.0% in February to 772,000 annualized units, while January saw a downward revision of 13,000 units. Compared to last year, February sales were 6.2% lower.
SOUTH BEND, Ind.—Teachers Credit Union has announced a new president and CEO.
WASHINGTON—The IRS needs to adjust the 2022 standard optional mileage rate to reflect the strained oil market and rising gas prices, as well as the impacts consumers face because of inflation and the COVID-19 economic recovery, NAFCU told the tax collector in a letter.
DALLAS—Higher rates and wider asset spreads are positive for depositories largely funded with core deposits, according to Jason Haley, chief investment officer for ALM First.
NORTHRIDGE, Calif.–Premier America Credit Union said it has entered int a 10-year, multifaceted partnership agreement with California State University, Northridge.
DIMMITT, Texas–Hereford Texas FCU has selected the design/build firm DEI to oversee its new branch here.
TACOMA, Wash.–Sound Credit Union and the University of Washington-Tacoma’s Milgard Center for Business Analytics announced the second annual UW FinTech Pitch Competition with a goal of creating “better member experiences.”
ST. PETERSBURG, Fla.–PSCU has announced its final keynote speaker and the participants of its Credit Union Executive Panel at its Member Forum 2022, set for April 26-28 at the Bellagio Hotel in Las Vegas.