Tuesday, May 29, 2012

Will Bernanke Keep His Promise?

If the Federal Reserve holds to its promise, financial institutions might not see interest rates increase until 2014. But that projection is based largely on expectations that the economy will need several more years to recover from the effects of the last recession. It's possible significant economic change could push the Federal Reserve to reconsider its hold on interest rate increases.
These six signs could indicate an earlier-than-expected increase in interest rates....[Read Article]

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The Statutory Lien and How to Use It.

Have you ever had a member who refused to make payments on a loan? Well, a federal credit union can use a statutory lien to claim a member...