The Credit Union Executives Society has announced the dates and locations for two separate events, including the debut of a new annual event: CUES Nexus Conference, to be held April 14-17, 2005 at the Manchester Grand Hyatt San Diego. This conference will be themed "The Right Conference for the Right Brain Marketer." Separately, CUES said its Executive Technology Forum, which has been held for several years in conjunction with the CUES Marketing, Operations & Technology Conference, will once again be held as a separate event March 2005 in Phoenix. For info: www.cues.org.
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Market watchers expect the Federal Open Market Committee to announce a 25 basis point rate cut today, but are also watching for signals of more cuts to come and how many members push for a larger 50 basis point cut.
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A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
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Prosecutors say Daryl Heller lured 2,700 investors with promises of safe ATM profits but misappropriated $185 million.
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