NOT FOR REPRINT
Page Printed from: cutimes.com/author/profile/jim-duplessis/?page=15
Sign In To follow
A journalist for decades.
Members 1st FCU to take over First Harvest Credit Union's branch in Pennsylvania.
Fed shows balances of credit card and term loans slipped from January to February.
Pay also lagged inflation last year for credit analysts and loan interviewers, while CEO pay soared.
It raises its 2024 outlook for new cars to used car sales to a 2% gain, and new cars sold through dealers to 1.6%.
Henrico FCU's move is part of 16% increase in subordinated debt among credit unions last year.
The Bakersfield, Calif., CU's $332 million auto loan securitization Tuesday follows $416 million in deals in 2023.
Latest forecast shifts more of this year's expected mortgage origination rebound to this spring.
Partner Colorado to close a branch by a homeless shelter where two residents were killed earlier this month.
National Association of Realtors reports the January-to-February rise is the biggest month-to-month gain in a year.
Nationwide, credit unions added 31 branches from September to December.