BOSTON-NAFCU President/CEO Fred Becker said his farewell to credit unions last week. Becker is retiring after 14 years as leader of the trade group, closing his career at NAFCU's Annual Conference & Exposition here. His predecessor, Ken Robinson, was also on hand for the meeting. Becker called on credit unions to remain true to their mission of serving members. The three-day meeting drew several thousand attendees to the Hynes Convention Center and included several dozen sessions on a variety of subjects. CFPB Director Richard Cordray told the meting credit unions are a model for his agency. For coverage, see page 18, as well as additional reporting at CUJournal.com.
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Heading into this week's Federal Open Market Committee meeting, the Fed's core indicators are painting a different picture of the economy than real-time measures, injecting more uncertainty into Wednesday's FOMC meeting than usual.
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