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Top News Stories
News
Fed Raises Rates, but Signals Pause
By Jim DuPlessis
Powell says an economic downturn might substitute for further rate hikes.
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NCUA Annual Report Shows CU Industry Is on Solid Ground
News
Expect a Deeper Mortgage Drop This Spring: MBA Reports
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News Stories
March 21, 2023
Former CEO Gets 42-Month Prison Sentence for Credit Union Embezzlement
Phillip Topping steals $267,000 from a church-lobby ATM and teller cash drawer at an Alabama credit union.
Read
March 21, 2023
Home Sales Rise in February With First-Time Buyers Responsible for 27% of Purchases
Realtors report that existing home sales rose 14%, breaking a 12-month streak of declines.
Read
March 20, 2023
Former IT Manager Writes Malicious Code to Divert Credit Union Funds
Zachery Bandy, who stole more than $22,000, gets a suspended five-year prison sentence.
Read
March 20, 2023
NAFCU: Fed Likely to Pause Rate Hikes
Economist Curt Long says the Fed will likely wait to see the effects of recent bank failures instead of raising rates Wednesday.
Read
March 20, 2023
Texas Trust Doubles in Size in 6 Years
The credit union surpasses the $2 billion asset size threshold near the end of 2022.
Read
March 17, 2023
Digital Credit Unions Rise Up
Michigan State University FCU launches a new digital credit union, AlumniFi, to serve the specific needs of alumni.
Read
March 17, 2023
Fed's Bank Tests Overlooked Risk of Rapid Rise in Interest Rates
"A stress test is only as good as the scenarios it tests."
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