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Jerry Guido

SANTA ANA, Calif.—Collaboration is critical to the future of small credit unions, according to the leader of one small credit union who believes two things will play key roles in future partnerships.

WASHINGTON—The Federal Open Market Committee (FOMC) decision earlier this week to maintain the federal funds target rate at its current range of 0% to 0.25% is an acknowledgment the economic recovery has stalled in recent months due to increased COVID-19 cases, according to one economist.