WASHINGTON—The Fannie Mae Economic and Strategic Research Group has revised upward its full-year 2018 economic growth forecast to 3.0% -- from 2.8% in the prior forecast -- on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic and Housing Outlook.
Fresh Today
ALBANY, N.Y.—The New York Department of Financial Services (NYDFS) has issued a reminder for regulated entities required to comply with the state’s cybersecurity requirements that the third transitional period ends Sept. 4.
ASCHEIM, Germany–Credit unions are frequently told that financial technology (fintech) companies are going to change the competitive landscape–or at least change how the market sees the future.
RIVERWOODS, Ill.—Discover has revamped some of the features on the Discover Cashback Debit card, formerly known as Cashback Checking. And some of the changes are aimed directly at Millennials.
AUSTIN, Texas–A great “what if” scenario is about to be answered in credit unions–and to the benefit of those there to experience it.
LOMPOC, Calif.—CoastHills Credit Union has named a new president and CEO.
MADISON, Wis. – Credit unions can expect U.S. economic growth to remain above historical averages through the end of 2019, said CUNA Mutual Group’s director and chief economist Steven Rick.
MADISON, Wis.–There are two forces racing with each other in the market, and credit unions often fall behind. But so do most other providers, according to one analyst.
MADISON, Wis.—While credit unions are enjoying record auto loan growth, there are warning signs in the data that suggest tougher times could be ahead—if CUs don’t take the proper steps.
MADISON, Wis. – CUNA Mutual Group’s ninth annual, day-long Discovery Conference Thursday brought together innovation experts and credit union leaders to help credit unions prepare for upcoming 2019 strategic planning sessions. The conference is now available on-demand, at no cost, until Feb. 28, 2019, the company noted.
