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Current Edition
- Using Non-Cash Awards
According to Culpepper & Associates, cash is king for most compensation plans. However, many organizations use non-cash awards, incentives, and recognition programs to supplement cash compensation and improve their total rewards programs.
- Fed Adjusts TILA Triggers for Mortgages
The Federal Reserve Board recently published its annual adjustment of the dollar amount that triggers additional disclosure requirements under the Truth in Lending Act (TILA) for home mortgage loans that bear rates or fees above a certain amount.
- CUNA’s Hampel Indicates Fed Unlikely to Change Rates Before December
At their last meeting Federal Reserve policymakers left the target for the federal funds rate unchanged at 2%. That means credit unions should not expect to see another rate adjustment until December and maybe into 2009, said Credit Union National Association Chief Economist Bill Hampel.
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