Do you have a branch or facility sorely in need of a visual improvement? Do you wish a team of contractors and workers would just arrive one day and rebuild your facility? Well, The Credit Union Journal can't arrange that, but we have arranged with members of our Facilities Panel of Experts to add their eyes and advice on what you can do-and it's free! All you have to do is send a photo of the area/branch you'd like to approve, and we'll put it in front of our panel. (And if it's so bad you don't want others to see how you live, we'll keep it anonymous!) Send images to fdiekmann@cujournal.com, or P.O. Box 4387, West Palm Beach, FL 33402.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
9h ago -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
9h ago -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
10h ago