NAFCU presented a generally favorable report on the health of credit unions during its meeting with leaders of the Federal Reserve Board this week.
Beige Book shows commercial real estate recovery in some parts of the country.
Revolving consumer loan accounts drop overall in July but increased among CU members to $36 billion total.
Oregon CEO to help lead San Francisco-based Community Depository Institutions Advisory Council.
Open Market Committee takes no other action to stimulate the economy, but "is prepared."
The Federal Reserve Bank of New York is not convinced that a lack of credit access primarily contributed to the woes of small businesses since the 2007-2009 recession.
Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy is likely to grow at a tepid pace for the rest of 2011.
Open Market Committee keeps interest rates unchanged after Wednesday meeting.
Senate meeting this week only enough to prevent recess appointment of Warren to head of new CFPB.
Cheney says costs to big CUs "incredibly understated" in Matz letter to Bernanke.