In a GoLocalWorcester.com article, Victor Matheson, associate professor of economics at the College of the Holy Cross, commented on a study showing credit unions offer the best interest rates on savings accounts and CDs in Massachussetts.
“Credit Unions are organized as non-profit entities and are not subject to corporate income taxes,” contributed Matheson. “Without having to pay a return to investors and a cut to Uncle Sam, they can pass on their savings in the from of higher rates for savers and lower rates for borrowers.”
This “Holy Cross in the News” item is by Sara Bovat ’14.
Holy Cross Alumna Offers Timely Take on Race, Bias Onstage
College of the Holy Cross graduate Valerie Curtis-Newton ’81 was recently spotlighted in StarTribune, the principle newspaper of Minneapolis, Minn., for her role as...05/20/16
‘A striking rise for Rivers School grad at Holy Cross’
The Boston Globe recently spotlighted College of the Holy Cross student-athlete Brendan King ’17, a pitcher for the baseball team advancing to the Patriot League...05/03/16
Holy Cross Ranked No. 19 on Forbes’ List of Best Value Liberal Arts Colleges
The College of the Holy Cross ranked No. 19 on Forbes’ list of Best Value Liberal Arts Colleges. For this ranking, Forbes looked at U.S. colleges and universities “that...