SAN DIEGO–The two college teams that will square off in the San Diego Credit Union Holiday Bowl here have been selected. The Northwestern Wildcats will pay the University of Utah Utes on New Year’s Eve.
Fresh Today
NEW YORK–Cliff Rosenthal, the long-time leader of the National Federation of CDCUs (now called Inclusiv) who also led the BCFP’s Office of Financial Empowerment, has published a new book: “About Democratizing Finance: Origins of the Community Development Financial Institutions Movement.”
GRAND RAPIDS, Mich.—Lake Michigan Credit Union here has agreed to purchase a branch of CCF Bank, a subsidiary of Citizens Community Bancorp.
ANCHORAGE, Alaska–At least one credit union branch suffered sufficient damage from the 7.0 magnitude earthquake here that it had to be closed, while other CU branches were closed over the weekend as damage is assessed and power remained out and roads repairs were under way in some area
WASHINGTON—The Federal Open Market Committee (FOMC) indicated that the timing of future rate increases remains uncertain, in line with recent comments made by Fed Chairman Jerome Powell.
WASHINGTON—Following the release of the Federal Reserve's inaugural Financial Stability Report, NAFCU Chief Economist and Vice President of Research Curt Long said economic growth is strong, but "there are signs that risks are developing."
WASHINGTON–Americans’ personal income increased $84.9 billion (0.5%) in October, according to estimates released by the Bureau of Economic Analysis.
ARLINGTON, Va.—New home sales declined 8.9% in October to the lowest level since March 2016.
WASHINGTON—The Federal Housing Finance Agency (FHFA) announced its maximum conforming loan limits for mortgages acquired by government-sponsored enterprises Fannie Mae and Freddie Mac will increase in 2019 to a level of $484,350, an increase from $453,100 in 2018.
MARLBOROUGH, Mass.– Bernie Winnie, president and CEO of Firefighters Credit Union in Boston, has agreed to become interim CEO of the Cooperative Credit Union Association, in addition to overseeing his credit union.