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Fountain Alert

"The only thing we have to fear is fear itself" - This quote is from Franklin D. Roosevelt's Inaugural Address during the Great Depression.

Abyss Alert

"Ask not what your country can do for you -- ask what you can do for your country."
This quote is from John F. Kennedy's inaugural address, which inspired many to participate in public service.

Placid Alert

"I hold it true, whate'er befall; I feel it, when I sorrow most; 'Tis better to have loved and lost Than never to have loved at all." This quote is from Alfred Tennyson's In Memoriam.

How the Aggressive Increase in Yields is Affecting Credit Unions

Jun 24 2022

The Federal Open Market Committee (FOMC) raised the Fed Funds rate by 75 basis points on June 15 in an aggressive move to tamp down inflation that has weaved its way into the economy. The FOMC also signaled they may increase the overnight target rate to a range of 3.00-3.50% by the end of the year.

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By: Casey Peterson

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