Catalyst Corporate economist Brian Turner says higher payroll taxes offset impact of low inflation.
Maryland is the richest state in the union with a median household income of $70,004, a cool $20,000 above the national average. However, as of June 30 Maryland’s credit unions reported just 61 basis points worth of profit, well below the national average of 0.86% ROA.
An explanation of the September unemployment rate and the effect the so-called fiscal cliff are explained on the monthly NCUA economic video update.
Survey finds 48% choose to participate.
The economic recovery in Colorado is a rocky one, with some industries and cities rebounding while others continue to struggle. However, the state’s credit unions seem to be on a Rocky Mountain high.
Savings not going as much retirement in the 45- to 64-year-old set.
Second-quarter NCUA stats show the Centennial State among the tops in the nation in 12-month asset growth.
Economy created jobs in August, but not enough, analyst says.
Washington credit unions took a hit to capital during the corporate credit union and financial crisis like everyone else, but it hit them harder because they had lower aggregate capital to begin with. Thankfully, the aptly named Evergreen State credit unions also have return on assets that has remained higher...
Oklahoma’s credit unions face challenges that sound pretty familiar throughout the industry: compliance burdens, low investment returns, corporate assessments and a lackluster economy. But thankfully for credit unions in the Sooner State, the highs and lows of the real estate market experienced in other states isn’t part of that mix.