CUs Are Hauling Deposits To Corporates

Bartlett, Michael
July 2007
Credit Union Journal;7/9/2007, Vol. 11 Issue 27, p1
Trade Publication
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.


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