Wednesday, June 20, 2012

Fed to Maintain Current Funds Rate

The Federal Reserve’s Open Market Committee announced Wednesday it will keep the target range for the federal funds rate at 0% to 0.25%....Fed to Maintain Current Funds Rate:

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New IRS Auto Loan Reporting Rule Creates Major Compliance Challenge for Credit Unions

Credit unions that make auto loans need to begin preparing now for a significant new IRS reporting requirement that could create an especial...