Hooking Up With Gen Y - Challenge for Business

Tim Smith blogs on the "Echo Boom", also known as Generation Y (Americans born between 1980 - 1995). Tim has previously appeared here discussing his generation's attitude towards homeownership and education. They don't date, they hook up. They don't marry, they cohabit. They prioritize parenthood more than anything, even when they remain single. Who ...**** Hooking Up With Gen Y - Challenge for Business: ??

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Sunday Reading - Individual Retirement Accounts

Individual Retirement Accounts Inside IRAs Individual retirement accounts, or IRAs, are tax-advantaged investment accounts that help individuals save for retirement. The money you put into an IRA is used to invest in stocks, bonds, and other assets. Anyone who earns an income—regardless of whether they are a full-timer, a part-timer, or a contractor—can open and invest in an IRA. IRAs are often good solutions for people who don’t have the option to invest in a 401(k) ( 1440 Topics )—or for those who want to put even more money aside for retirement. Depending on the type of IRA someone gets, they will have access to either a tax-deferred or...

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Sheehans Consulting LLC - "We only have one goal in mind!"

We have one goal in mind: “What is best for you? We achieve strategic initiatives, develop products, optimize profitability and productivity through best practices, and make our firm a strong asset for professional services. With over 30 years of experience in public administration, credit union, and association management, I have developed a solid track record in leadership and development. Please visit us at https://www.sheehansconsultingllc.com/ to learn more about what we can do for you. _________________________________________ Check out some of NCOFCU's additional features: First Responder Credit Union Academy Financial Literacy Podcasts YouTube Mini's Blog Job Board

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Trump Administration Reverses Course, Restores CDFI Fund Staff In Major Win for Credit Unions

WASHINGTON—In a sharp reversal of the Trump Administration’s earlier move, the mass reduction-in-force (RIF) notices issued to all employees of the CDFI Fund last month have been rescinded, according to internal emails reviewed by Punchbowl News. The notices had threatened terminations in December as part of a broader effort by the Office of Management and Budget (OMB) under Director Russ Vought to pressure congressional Democrats to drop their objections in the budget-funding fight. For the credit-union movement, the signal is loud and clear: critical community-development infrastructure may yet be preserved, sources stated. “Reinstating the entire CDFI Fund staff is an essential and welcome step toward restoring a program that has proven itself indispensable to underserved and military communities,” said DCUC Chief Advocacy Officer Jaso Stverak. “The CDFI Fund isn’t just another federal initiative—it is a lifeline for servicemembers, veterans, and low-income families who rely on miss...

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Best Places to Retire

List: Best Places to Retire Midland, Michigan , was ranked the best place to retire , according to a ranking of 850 cities by U.S. News . The top locations had the best mix of affordability, quality of life, health care access, and other benefits. The top five were rounded out by Weirton, West Virginia , Homosassa Springs, Florida , The Woodlands, Texas , and Spring, Texas . Midland scored top marks on walkability , culture , retail establishments , and restaurants . The town is just a short drive from beaches at the edge of Lake Huron . The top 25 included nine cities in Florida and six in Texas. See the full list here . _________________________________________ Check out some of NCOFCU's additional features: First Responder Credit Union Academy Financial Literacy Podcasts YouTube Mini's Blog Job Board

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Now Available - "Financial Literacy" From NCOFCU

https://www.ncofcu.org/financial-literacy The National Council of Firefighter Credit Unions (NCOFCU) is dedicated to enhancing financial literacy among our members, members, particularly targeting the Millennial and Gen Z demographics. We are excited to share our engaging financial education video series, designed to address their key concerns regarding earning, saving, and spending money wisely. Here are several critical financial lessons that can significantly impact your personal finance management and long-term financial health. Discover how staying informed and educated about financial products and market trends can empower you to make smarter financial decisions. https://www.youtube.com/playlist?list=PLT3lzRTXnHw4LjHuOIk31eTDxaQ7J7B0f _________________________________________ Check out some of NCOFCU's additional features: First Responder Credit Union Academy Financial Literacy Podcasts YouTube Mini's Blog Job Board

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Fed Governor Warns ‘Global Stablecoin Glut’ Could Reshape Monetary Policy

NEW YORK—Federal Reserve Governor Stephen Miran believes the rapid rise of stablecoins could become a major force shaping U.S. monetary policy. Once seen as a niche digital tool for crypto traders, stablecoins have evolved into a global conduit for dollar-denominated transactions, enabling users worldwide to store value and move capital more efficiently. Their growing prominence, Miran noted during his speech at the BCVC Summit 2025 at the Harvard Club, reflects continued demand for dollars—and with the GENIUS Act now providing a clear regulatory framework for U.S.-issued stablecoins, the sector is poised for broader adoption across payment systems. Stephen Miran Stablecoins’ link to the U.S. dollar is reinforcing the currency’s global dominance while simultaneously creating new implications for monetary policy. Miran argued that stablecoins are already increasing demand for U.S. Treasury bills and other dollar-based assets, especially from investors outside the United States. Th...

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Trump Administration Declares CFPB Funding Illegal, Bureau’s Cash To Run Out By Early 2026

WASHINGTON—Credit-unions face a potential regulatory vacuum as the Trump Administration formally has determined the CFPB’s current self-funding mechanism unlawful—a move that could put the agency on a path to closure in early 2026 unless Congress steps in. For credit-union leaders, who rely on the Bureau’s oversight of consumer-finance markets and enforcement of unfair practices, the decision signals a major disruption to the regulatory environment CUs navigate daily. In a court filing released late Monday, the Administration declared that the CFPB is now legally barred from seeking additional funds from the Federal Reserve System—the agency’s usual funding source under the Dodd‑Frank Wall Street Reform and Consumer Protection Act, POLITICO reported. That means the Bureau’s remaining resources will likely carry it only through the end of the year, after which it “anticipates exhausting its currently available funds in early 2026.” CUToday.info has tracked this story, noting in Oct...

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Vehicle Shortage Wreaking Havoc with Car Buyer’s Pocketbooks

Washington, D.C. – As Americans begin to see the light at the end of the COVID tunnel, record numbers of buyers are venturing back into auto showrooms. “The problem,” says Jack Gillis, CFA’s Executive Director and author of The Car Book, “is that vehicle inventories are way down which means it’s a sellers’ market. Limited supply is a price-conscious car buyer’s biggest enemy.” Vehicle inventory is down by about 30 percent which means car dealers have little incentive to negotiate. “The rule of thumb that nobody pays ‘sticker price’ for a new car has fallen by the wayside as dealers stick to the manufacturers suggest retail price (MSRP) on the vehicle label,” said Gillis. In fact, for some particularly popular vehicles in short supply, dealers are charging prices above sticker price. Gillis’s advice on the best way to deal with this reality: “If you don’t need to replace your car right now, you should wait.” The widely reported computer chip shortage and other repercussions from th...

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House Vote Ends Longest Shutdown In U.S. History

WASHINGTON—The House late Wednesday approved a sweeping funding measure to end the longest federal government shutdown in U.S. history, clearing the way for federal agencies to reopen within hours and for hundreds of thousands of workers and service members to receive long-delayed pay. The vote was 222-209, with just six Democrats breaking with their leadership, POLITOCO said. President Trump is expected to sign the measure before night’s end, allowing federal operations to resume Thursday morning. The chamber’s vote—coming after days of intense negotiations and following the Senate’s 60–40 passage—sent the bipartisan agreement to President Donald Trump for his signature, effectively ending a shutdown that stretched well past six weeks and rattled everything from military readiness to basic government services. The package includes a continuing resolution funding the government through Jan. 30. The measure also includes a three-bill “minibus” of full-year funding for the Department...

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No rate hike today?

The Federal Open Market Committee will wrap up its two-day meeting today, which is not expected to end with a rate hike. The committee last raised the federal funds target rate to the current range of 2.25% to 2.5% at the end of its December meeting, the fourth rate hike of 2018. Following the FOMC's meeting in December, committee members pared its projection for 2019 from three rate hikes to just two. President Trump has been critical of the rate hikes, and some members of the FOMC have indicated they do not feel as strongly as they have in the past about raising rates given recent economic data. Join us in Clearwater Beach FL 10/1-4/2019

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