WASHINGTON–The American Bankers Association has included the credit union tax exemption among the items it is urging the new Congress to review. The letter touches on a tactic the ABA has used in the past, by essentially seeking to divide credit unions and saying it only wants the tax status of “massive” credit unions to be reviewed.
WASHINGTON—The Federal Reserve expects the economy to grow somewhat faster over the next several years, but does not believe the election of Donald Trump as president will lead to a boom, according to documents released from its mid-December meeting.
WASHINGTON—The new Congressional leadership has begun to take place, including new members of the Senate Banking Committee.
WASHINGTON–Americans closed out 2016 with higher economic confidence than they have reported since 2008, according to Gallup's Economic Confidence Index, which averaged +9 in December, up eight points from November.
CYBERSPACE–Big swings in currencies around the globe, combined with uncertainties over how some governments might act moving forward, has led to a surge in the value of Bitcoin.
HARRISBURG, Penn.–Two more credit unions have announced year-end bonuses and rebates.
PLANO, Texas–Credit union members will once again have the opportunity during February to “show the love.”
LAKE JACKSON, Texas–Local rap artists were mistaken for bank robbers as police swarmed to a branch of TDECU here that they thought was being held up on New Year’s Day.
MADISON, Wis.—CUES is asking credit unions across the United States to participate in two important industry surveys: CUES Executive Compensation Survey and CUES Employee Salary Survey.
NEW YORK—Credit unions competing in the rewards credit card space received some sobering news recently from Jamie Dimon about what it’s going to cost to attract and keep cardholders in this market.
