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Out West, businesses are taking out more loans despite recession fears

Out West, businesses are taking out more loans despite recession fears
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Credit union auto lending hit the skids in May | Credit Union Journal

Credit union auto lending hit the skids in May | Credit Union Journal
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Recession fears, CECL drive up loan-loss provision

Credit unions' provision for loan and lease losses rose by 337% in 2022. Industry observers cite forecasted economic weakness and current expected credit loss implementation as the primary reasons.

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The Facts About Banks, Credit Unions, and Marijuana Business Cash

Contrary to popular belief, banks can accept marijuana business money, but, there's a big catch

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Banks, credit unions struggle with branch staffing amid COVID surge

Branches across the country have closed temporarily, or switched to drive-thru service, as infections and quarantine rules have forced many bank workers to stay home.

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