Absent Any ‘Swan Events,’ No Likelihood of Recession in Next 5 Years, Forecasts CUNA Mutual 01/31/2022 07:30 pm MADISON, Wis.–Absent any “swan events,” such as wars, new pandemics or meteor strikes, CUNA Mutual’s chief economist is saying credit unions should not expect to see any recession in the next five years.
NAFCU, Inclusiv Make Several Requests of HUD for its Strategic Plan 01/31/2022 07:36 pm WASHINGTON—NAFCU has joined with Inclusiv on a letter to the Department of Housing and Urban Development (HUD) that makes several requests.
Great Lakes CU Receives $10 Million in Secondary Capital 01/31/2022 07:35 pm BANNOCKBURN, Ill.– Great Lakes Credit Union (GLCU) is reporting it has received $10 million in secondary capital through a partnership with Brean Capital.
CUNA Updates Military Lending Act Card Fee Spreadsheet 01/31/2022 07:35 pm WASHINGTON—CUNA has updated its Military Lending Act (MLA) credit card fee spreadsheet for the fourth quarter of 2021.
In Ireland, CU Funds Seeking a Home Find Homes Seeking Funds 01/31/2022 07:35 pm DUBLIN, Ireland–Credit union funds that have been looking for a home appear to have found some homes looking for funds.
Bank of Korea Completes First Phase of CBDC Test 01/31/2022 07:35 pm SEOUL, South Korea—The Bank of Korea is reporting it has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021.
