Falling Oil Prices and Farm Products Mean Hard Times Are Ahead for Dakota CUs

CUs providing services to oil workers should expect higher delinquency rates and charge-offs if job losses in the sector continue. Agricultural cultural unions could face similar hardships due to changes in prices from farming products as well. NCUA chairwoman Debbie Matz said that the price fluctuations will influence the Dakotas differently but will present challenges. Now is the time to prepare! [4/16/15]