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"The Fed continues to see that the economy has been continuously surpassing expectations throughout year, with exceptional job growth rates month after month in a labor market that has had very little slack, which demonstrates just how healthy it is," said Steve Rick, chief economist at CUNA Mutual Group. He noted the fourth hike was "not at all surprising."
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"The economy continues to punch well above its weight. Although trade tensions and tariffs continue to present uncertainty, the economy has been running red-hot for a long time, and another interest rate hike is overdue to keep it from boiling over. Overall, with the economy in such good shape, it’s time for consumers to start saving again," said Steve Rick, chief economist at CUNA Mutual Group.
CUNA Mutual Group Foundation, Employees Commit $1.7 Million to Local Nonprofits

The combined generosity of CUNA Mutual Group employees and the company’s foundation will provide a $1.7 million benefit to nonprofits in Dane County and other communities nationwide where employees reside.

TruStage® Celebrates Protecting 20 Million Customers by Recognizing  20 Community-Minded Kids And 20 Exceptional Credit Unions

TruStage, CUNA Mutual Group’s consumer insurance brand, recently awarded 20 Community Spark Awards to recognize exemplary young people who are striving to improve their communities through volunteer and community service.

Make cybersecurity part of your credit union’s fabric
Lower-than-expected job numbers may appear particularly disappointing after such a strong month in October. However, it’s hard to expect the economy to sustain more than 200,000 jobs each month while maintaining such a low unemployment rate, especially given the impact of wildfires and the continuation of tariffs and trade policy changes, said Steve Rick, chief economist at CUNA Mutual Group.
Credit Unions Jump On The FI-FinTech Collaboration Train
The Mirador-CUNA Mutual Group acquisition not only signals the strengthening role that credit unions play in small business finance, but reflects the credit union community’s interest in following one of the biggest trends to emerge in the last year: FI-FinTech collaboration.

CUNA Mutual Group today announced the acquisition of Portland, Oregon-based Mirador, a financial technology startup company that delivers a seamless experience for borrowers and lenders through a completely digital small business lending platform.

Wisconsin State Journal

CUNA Mutual Buys Michigan Compliance Software Company

CUNA Mutual buys Michigan compliance software company
CUNA Mutual Group has acquired a privately owned, Grand Rapids, Michigan, company whose software keeps documents for loans and other financial transactions in compliance with government regulations.
Why Flood Insurance is Crucial for Your Credit Union
Unfortunately, most business owners, homeowners and renters typically don’t buy flood insurance, even though damage is often excluded from traditional property and contents coverage.
Millennials are Much Poorer than their Parents
Almost half of millennials have delayed buying a home, compared with 29 percent of the general population, according to a recent CUNA Mutual Group survey.
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Credit Union Trends Report

The Credit Union Trends Report is a monthly "pulse check" on the state of the credit union marketplace.

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