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EasCorp News

On This Day: Federal Credit Union Act Passed

Wednesday, June 26, 2024
On June 26, 1934, President Franklin D. Roosevelt signed into law the Federal Credit Union Act "to establish a Federal Credit Union System, to establish a further market for securities of the United States and to make more available to people of small means credit for provident purposes through a national system of cooperative credit, thereby helping to stabilize the credit structure of the United States." On this day, we at EasCorp celebrate the legacy of credit unions in the United States and their continued impact on our nation's economy and in their communities.

Connect FSS Selects Vertifi Software's FedNow Service Solution

March 13, 2024
Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly owned CUSO of EasCorp, to implement the systems and technology required for Connect's instant payments solution for the FedNow® Service. Read the full press release on the News and Events page.

Market Commentary
Fed's Goolsbee Says CPI Data Indicate Inflation on 2% Path (Bloomberg)

Federal Reserve Bank of Chicago President Austan Goolsbee described the latest inflation data as "excellent," adding the figures provided the evidence he's been waiting for to be confident the central bank is on a path to its 2% goal.

Inside EasCorp Newsletter
July 2024 Newsletter

Featured this month: ALM Programs Prepare You for Credit Union Examinations, ACUSO Meeting on Advancing to the C-Suite, and much more..