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Tag Archives: Federal

Federal Reserve says student debt has hampered housing market

Student debt has impacted the housing decisions of young Americans, the Federal Reserve said, delaying homeownership and prompting a significant number of college grads to move away from rural areas. In two papers published Wednesday, the Fed said homeownership for adults ages 24 to 32 fell 9% from 2005 to 2014, landing at 36%. The Fed said that while a ...

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West Michigan banks assisting federal employees during shutdown

As the partial government shutdown nears the month mark, many West Michigan banks are taking action to help federal employees meet their obligations. On Dec. 21, Congress let funding for about a quarter of the federal government expire amid a dispute with President Donald Trump over funding for a wall on the U.S.-Mexico border. Many government employees from agencies that ...

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Banks, credit unions help federal workers weather shutdown

Banks and credit unions across the country are waiving fees and offering low- to no-interest loans to help federal workers affected by the partial government shutdown. U.S. Bancorp on Friday began offering loans between $ 100 and $ 6,000 at low rates to qualified federal employees who have an existing U.S. Bank account so they can cover expenses until they ...

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Banks, credit unions help federal workers weather shutdown

Banks and credit unions across the country are waiving fees and offering low- to no-interest loans to help federal workers affected by the partial government shutdown. U.S. Bancorp on Friday began offering loans between $ 100 and $ 6,000 at low rates to qualified federal employees who have an existing U.S. Bank account so they can cover expenses until they ...

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It’s a federal government shutdown, but my local small business is hurting

LaJuanna Russell is president of Business Management Associates Inc. in Alexandria and a member of Small Business Majority’s Small Business Council. While President Trump digs in as he seeks $ 5 billion to build a wall on the country’s southern border, I’m trying to dig out of a financial hole created by the partial shutdown of the federal government. In ...

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