Ready to dive into the wild world of credit union predictions? Want to know what’s next for the financial landscape in 2025? Join host Mark Ritter and COO of MBFS Jeff Lyons in this lively episode of Credit Union Conversations as they toss out bold forecasts for the rest of the year! From the chaotic twists of the NCUA board saga to the buzz around potential interest rate cuts by the Federal Reserve, Jeff and Mark unpack what’s shaking up the industry. Expect spirited banter on how tariffs might play out as a cheeky negotiation tool and why the loan marketplace is hotter than a summer barbecue. Tune in for a quick, fun ride through the economic crystal ball!

IN THIS EPISODE:

• (00:00) Introduction
• (01:14) Discussion on NCUA board chaos, highlighting legal ambiguity in removing board members, predicting Supreme Court resolution
• (04:25) Prediction on interest rates, expecting a half-point Federal Reserve cut by year-end 
• (06:41) Tariffs discussed as a negotiation tool and the budget deal in Congress 
• (11:15) Discussion of the loan marketplace outlook for credit unions and home values
• (13:00) Focus on SBA loans and home-based businesses, predicting a boom in startups due to economic conditions

KEY TAKEAWAYS: 

• Legal uncertainty surrounds the removal of NCUA board members, which is likely to be upheld after Supreme Court appeals.
• Anticipated a half-point Federal Reserve interest rate cut by year-end, with stable inflation and low unemployment.
• Tariffs are being used as a negotiation tool, with minimal impact on trade, and modest 10% tariffs are expected, particularly on manufacturing from China.

RESOURCE LINKS

Mark Ritter - Website

Mark Ritter - LinkedIn

Jeff Lyons - LinkedIn

KEYWORDS: Credit Union, MBFS, NCUA Board, Interest Rates, Federal Reserve, Inflation, Unemployment, Tariffs, Negotiation Tool, Trade, Loan Marketplace, SBA Loans, Home-based Businesses, Budget Deal, Economic Conditions, Supreme Court, Business Startups, Consumer, Tax Cuts, Credit Union Predictions, Financial Landscape 2025