South Africa recently passed the Cooperatives Banks Act, the first financial cooperative-specific legislation in English-speaking Africa.

Richard Johnson was the first corporate credit union CEO taking the helm at Western Corporate, then called California Central Credit Union, in 1976. He began with three employees, who were transferred from the California Credit Union League. At the time, corporates offered only one service: overnight settlement accounts.

Though net income, return-on-assets, and net worth ratios are expected to fall in 2008 and 2009, credit unions shouldn't put too much effort into offsetting them, CUNA Chief Economist Bill Hampel warned directors attending the Big Valley Educational Conference this morning.

SAN DIEGO -- The jubilant mood at Credit Union Self-Insured Group of California's March 13 annual meeting was a far cry from the doom and gloom forecasting at most industry gatherings these days.

SAN DIMAS, Calif. -- OnDeck with Dwight Johnston, a weekly podcast produced by Overland Studios and presented by Western Federal Credit Union, has been selected over 14,000 entries as a bronze Telly Award winner in two categories, nonprofit and education.

SACRAMENTO, Calif. -- The California Department of Financial Institutions will swear in new DFI commissioner Bill Haraf during the league's Government Relations Rally April 7 or 8, according to outgoing league vice president of state government affairs Ron Fong.

MONTEREY, Calif. - The California and Nevada Credit Union Leagues have unveiled a redesigned public and members-only Web site (www.ccul.org) at the Big Valley Educational Conference.

MONTEREY, Calif. - The California and Nevada Credit Union Leagues have unveiled a redesigned public and members-only Web site (www.ccul.org) at the Big Valley Educational Conference.