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First Class Community Credit Union
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company sizeCompany size: 11-50
total assetsTotal Assets: $50M - $100M

First Class Community Credit Union was founded 1925 in Des Moines, Iowa. Membership at First Class Community Credit Union is open to individuals who live or work in Polk County, Iowa or a neighboring county, live or work in Woodbury County, Iowa or a neighboring county, or are a USPS employee in the State of Iowa. First Class Community Credit Union offers consumer checking and savings accounts, certificates of deposit, individual retirement accounts, health savings accounts, credit cards, consumer loans, mortgages, and other services.

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First Class Community Credit Union - Recent News & Articles

Bonds crater, 10-year yield spikes briefly above 4.5% in confounding move that’s worrying Wall Street

The bond market — not a plunging stock market — is the talk of Wall Street with prices tumbling and yields spiking, unusual action during times when fears of a recession are growing where fixed income...

Source: CNBC

Global bond rout starting to sound market alarm bells

U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign that investors were dumping their safest assets as turmoil unleashed by U.S. tari...

Source: Reuters

The CFPB was on the brink of shutdown. Here’s what a judge’s temporary stay means for borrowers and consumers.

A federal judge is ordering the Trump administration to keep the lights on at the Consumer Financial Protection Bureau with an injunction that maintains the regulator’s operations and workforce — at l...

Source: MarketWatch

As Debt Ceiling Looms, the Fed Tweaks Its Portfolio Runoff

Process of shedding assets and draining bank reserves could collide with dynamics related to raising the federal debt limit. Federal Reserve officials made an adjustment on Wednesday to their policy o...

Source: Wall Street Journal

Senate votes to scrap CFPB oversight of Big Tech payment apps

The US Senate has voted to overturn a Consumer Financial Protection Bureau rule that would give the watchdog oversight of tech giants, such as Apple, Google and X, that offer digital payment apps and ...

Source: Finextra

20 banks and thrifts with the most home equity loans

The top five banks and thrifts with the largest portfolios of home equity loans had more than $94 million in loans combined for the third quarter of last year — more than half of the roughly $178 mill...

Source: American Banker

Fed may have to cut aggressively as individuals finding jobs hard to get is rising

Investing.com -- The Federal Reserve may need to implement more aggressive rate cuts as recent data reveals a concerning trend in the labor market, according to Citi analysts in a note Wednesday. The ...

Source: Investing.com

US Department of Justice files civil antitrust lawsuit against Visa

The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa over allegations of “monopolisation and other unlawful conduct in debit network markets in violation of Sections 1 a...

Source: FinTech Futures

Fed courts nonbanks for FedNow growth

The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The Federal Reserve won’t provide fintechs with direc...

Source: Payments Dive