TITLE

CUs Are Hauling Deposits To Corporates

AUTHOR(S)
Bartlett, Michael
PUB. DATE
July 2007
SOURCE
Credit Union Journal;7/9/2007, Vol. 11 Issue 27, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that natural-person credit unions in the United States have been pouring deposits into corporate credit unions and moving out of overnights and into longer-term investments. According to the author, the credit unions' move is prompted by the belief that the Federal Reserve will not be making any changes to the Federal Funds rate in 2007.
ACCESSION #
25761532

 

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