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Merger of Credit Union Groups Stokes Anxieties Over Revenue Shortfall, Coming Layoffs
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Merger of Credit Union Groups Stokes Anxieties Over Revenue Shortfall, Coming Layoffs

Also, SEC hits hollowed out SPAC market with tougher rules; Chopra seeks to ban 'junk fees' that banks aren't charging; date set for SEC Speaks

Jan 24, 2024
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Merger of Credit Union Groups Stokes Anxieties Over Revenue Shortfall, Coming Layoffs
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America’s Credit Unions opened its doors on Jan. 1, promising to give its members “a faster, more responsive, more powerful voice on the national stage.” But those aspirations, employees say, are currently being eclipsed by more pressing internal concerns: looming layoffs and a multi-million dollar revenue shortfall stemming from the combination of Cuna…

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