More money tends to flow out of CDs into money market accounts if the liquidation point, that meeting between the rate of a liquid account and of a term deposit, is high.
The head of American Share Insurance voiced confidence that Nevada's largest and long-troubled credit union, the $791 million Silver State Schools, can start showing a profit soon even though it missed the 2010 target.
ANAHEIM, Calif. -- Addressing the California and Nevada Credit Union Leagues' Annual Conference, CUNA President/CEO Bill Cheney said CUNA is working with the NCUA Board to establish a credit unions' Bill of Rights in supervisory actions.
Connect Financial Software Solutions of Salt Lake City said it has signed a multi-year agreement to provide Internet banking and bill pay solutions to the $100 million Achieve Financial Credit Union in Berlin, Conn.
