CUNA: U.S. Is Likely to Bypass Recession

Economist says strong household spending is acting as a 'firewall' against recession.

By Jim DuPlessis | June 09, 2023 at 05:00 PM

Road shaped as a dollar sign with half of the road on solid ground and the other half hanging over a cliff.

CUNA's latest forecast backs away from predicting a recession, saying a strong jobs market and resilient household spending have tilted the odds in favor of a soft landing.

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

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Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

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