Margins between deposit interest rates and loans remain stagnant; the need for alternative sources of income remains paramount for CUs.
Credit union economists say the interest rate hike by the Feds signals confidence in the economy.
The Federal Reserve increases the key interest rates and credit unions see this as good news.
The NCUA board votes to maintain an 18% interest rate ceiling for most loans.
Credit unions expect some impact from the Fed's interest rate hike.
A financial expert sees three transitions continuing to shape the economy after the presidential election.
Experts say credit unions shouldn't worry about the Fed's decision not to raise interest rates - yet.
NAFCU's Chief Economist says the Fed is unlikely to raise interest rates on Wednesday.
Loan originations are down and HELOCs are up, according to a new report.
CUNA and NAFCU call the FOMC’s decision cautious and optimistic.