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IN THE DRIVER’S SEAT: Frederick Reinhardt, CEO and president of Greenwood Credit Union, says more people were turning to Greenwood and other credit unions for auto loans as interest rates changed over the last year.  PBN PHOTO/MICHAEL SALERNO

Suddenly, auto loans popular at credit unions

Economy 06/09/2023

Frederick Reinhardt immediately noticed something was up – way up – last year shortly after the Federal Reserve began hiking interest rates from nearly...

Citizens Financial Group to cease originating indirect auto loans

Economic Activity 06/07/2023

PROVIDENCE – Citizens Financial Group Inc., will no longer originate indirect auto loans as part of its strategy to optimize its balance sheet and...

June pause in rate hikes would be close call for Fed...

Economic Activity 05/24/2023

WASHINGTON (AP) – Federal Reserve officials were divided earlier this month on whether to pause their interest rate hikes at their upcoming meeting in...

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HASBRO INC. says it made a profit of $58.2 million in the first quarter of 2024, compared with a loss of $22.1 million a year ago. / PBN FILE PHOTO/WILLIAM HAMILTON

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