WARRENVILLE, Ill. -- Members United Corporate has hired California-based former CUNA brokerage representative Jay Petty to fill the $13.8 billion corporate's new senior business consultant position. Prior to his stint with CUNA, Petty was president/CEO of $12 billion Pentagon Federal Credit Union's financial services subsidiary.

MANHATTAN BEACH, Calif. -- Kinecta Federal Credit Union CEO Simone Lagomarsino said she doesn't regret spending some of her $4.5 billion credit union's capital to purchase Nix Check Cashing last summer, even in light of California's economic woes.

Chicago -- The $95 million Kaiperm Federal Credit Union may have lost $2.1 million last quarter alone, but its location and membership base is worth more to merger partner $5.5 billion Alliant Credit Union, officials say.

PLANO, Texas -- The Fed is likely to raise key short term interest rates by election time, said economist Jeff Thredgold, who will present at Southwest Corporate's 31st Economic Forum October 28 and 29.

PLANO, Texas -- Southwest Corporate has reached a significant milestone in its conversion of paper to image processing: 400 member credit unions and 1,500 branches are now depositing checks remotely using imaging technology.

CU Aid Raises Funds for Last Year's San Diego Fire Victims

SHERMAN OAKS, Calif. -- In response to higher gas prices, commuters are parking their SUVs and low-mileage cars in record numbers.

PASADENA, Calif. -- Wescom Credit Union has added reverse mortgages to its real estate product suite, and will process the new loans through its own company, Reverse Mortgage Lending Inc.