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Jim covers economic data trends emerging for credit unions, as well as branch news and dividends.
New data shows a rise in new cars and new homes this spring, but falling sales of existing homes.
But the payments CUSO warns the increase might reflect stockpiling as consumers expect tariffs to deliver higher prices.
Credit unions and other lenders are likely to see fewer applications and higher delinquencies, observers say.
Corridor Business Journal reports a judge allows Iowa City properties to go to auction, including its tallest building.
But its latest forecast shows little change in total originations as the outlooks for purchases dim, however refinances improve.
The five-story building in downtown Columbia, S.C., is expected to be completed by early 2027.
Advocate says credit unions should speak out against board firings, but they also need to line up alternatives — now.
Cannabis company spun off by Partner Colorado Credit Union says its operating losses cloud its future.
Economic team raises the chances from 20% to 60% at a meeting Monday, and keeps with it when an updated forecast is released Thursday.
Goldman Sachs pulls back its dire forecast following Trump’s Wednesday afternoon decision.