For most credit unions, asset/liability management (ALM) has been a “get in line” topic: Get in line behind security, marketing, loan origination and tracking, member relationships, and a host of other pressing matters.
WASHINGTON (7/24/15 UPDATED 1:05 p.m. ET)--National Credit Union Administration Chair Debbie Matz sent clarification Friday on comments during hearing that seemed to indicate a lack of faith in credit union leadership.
WASHINGTON (7/29/15 UPDATED 2:18 p.m. ET)--The Federal Open Market Committee is maintaining the federal funds rate, citing “moderate” expansion of U.S. economic activity in its post-meeting statement this afternoon.