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A journalist for decades.
The payments CUSO reports average credit card balances set a new record, as delinquencies rise.
Bond rating agency says the planned $231 million purchase would add to the Alaska-based credit union's earnings.
Like others with layoffs, the Los Angeles credit union's liquidity is tightening, production falling and loan loss provisions rising.
Latest forecast pushes more origination gains from the first half to the second half, but the overall economic outlook brightens.
Six other credit unions are paying nearly $5 million from Alabama to Maine.
NCUA data shows an overall job gain last year that was at half the pace of 2022, but it also includes a few big cuts.
Report from America's Credit Unions shows the loan-to-savings ratio hit an eight-year high of 86.2% in November.
Special dividends include a first-time fee waiver for its nearly 700 member credit unions.
North Carolina corporate credit union distributes money among its nearly 600 credit union members.
Credit union growth for credit cards and term loans fares better than for banks, but gains have been diminishing.