LAFAYETTE, La. – University of Louisiana FCU this week celebrated its 50th anniversary with giveaways and promotions, including a 4.5% CD.
The promotional CD brought in $1.8 million of new funds in one day.
The $32 million credit union started in a cubbyhole in one of the university’s buildings and now has a staff of 32 and its own offices.
A federal judge said recent preemption rules from the National Credit Union Administration would bar Illinois from enforcing its interchange fee restrictions against federal credit unions.
Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
Moov Money's collaboration with Visa, Mastercard and Jack Henry enables transfers without accessing a separate app, aiming to attract small banks and credit unions.
If the Federal Reserve really wants to control inflation, it first needs to control people's expectations.
