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Jim covers economic data trends emerging for credit unions, as well as branch news and dividends.
OnPath FCU announces plans to acquire Louisiana FCU in mid-2024.
But a small gain comes as balance growth slows for both credit unions and banks.
Dividends this season now top $135 million, including $2 million from a Birmingham, Ala., credit union.
NCUA data shows earnings fell steeply as auto lending weakened and delinquencies soared.
Credit unions in Alabama and Ohio give $400,000 more.
Finance companies and others lose more loans and leases from Q2 to Q3 to credit unions, banks and captives.
New York and Ohio credit unions announce another $8.7 million in special dividends.
The private placement increases its net worth ratio, which has lagged peers.
Credit unions spread another $1.5 million among members in Alabama and North Carolina.
Many criticisms raised by Republicans are similar to those outlined in a joint letter from CUNA and NAFCU.