Credit unions revise their approach to liquidity after bank-run crisis
More credit unions are diversifying their investments and accessing federal funding from multiple sources to shore up against risk.
Source: americanbanker.com
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Washington State Employees Credit Union sells its fast-growing CUSO
As more potential buyers began inquiring about the availability of QCash, WSECU decided the time was right to offload the credit union service organization it launched in 2015.
Source: americanbanker.com
InRoads Credit Union in Oregon names successor for retiring CEO
Nathan Cox, who was most recently chief lending officer at Travis Credit Union, will replace Brooke Van Vleet-Pearson as the credit union's chief executive.
Source: americanbanker.com
Secondary capital said to be crucial for credit union balance sheets
Subordinated debt issuances and asset-backed securities have helped institutions of all asset sizes weather recent market uncertainties and fuel campaigns for growth, according to executives and investment experts.
Source: americanbanker.com
With farmers on brink of slump, will agriculture lenders retreat?
Lofty fertilizer and equipment costs are forecast to cut into profits this year. Farmers are expected to seek loans to cover higher expenses, but bankers are likely to be cautious in granting credit given recessionary pressures.
Source: americanbanker.com