Credit unions with more than $500 million in assets were responsible for most of the loan growth in the first quarter.
Credit unions with more than $500 million in assets were responsible for most of the loan growth in the first quarter, Catalyst economist says.
There are more signs that consumers are back at the dealerships where they’re not only buying new vehicles but signing leases as well.
The Department of Labor reported Friday that the unemployment rate rose to 7.6%, despite 175,000 new jobs created during the month of May.
Tight margins continue to dampen enthusiasm in credit union corner offices.
Catalyst Corporate economist Brian Turner says higher payroll taxes offset impact of low inflation.
Vehicle loan originations continued to be a bright spot for credit unions this year.
Industry economists agree that if the U.S. plunges off the fiscal cliff Dec. 31, credit unions probably won’t see any ill effects right away. However, even if a so-called grand bargain is reached between Democrats and Republicans, credit unions could see the loan growth momentum gained this year grind to...
Lending, liquidity and tax exemption are three areas where the search for the Grand Bargain could impact credit unions.
More than a week after President Obama was given another opportunity to lead the country, most pundits agree that how voters in states like Michigan and Ohio felt about the federal bailout of the auto industry played a huge role in the campaign’s outcome.