SEATTLE - Bob Harvey is on a mission to break down one major misconception about the African-American Credit Union Coalition. Harvey, who was recently elected chairman of the AACUC, wants the industry to know that the group is not a "splinter organization" and welcomes anyone who feels as strongly about...

MADISON, Wis. - As clean-up efforts continue from the obliteration left behind from Hurricane Katrina, credit unions will likely see government debt translating into a "drag" on long-term economic growth potential. This is one of the findings from the July Credit Union Trends Report from CUNA Mutual Group. Near-term, economic...

WASHINGTON - House Small Business Committee Chairman Don Manzullo (R-Ill.) introduced legislation on Sept. 21 that aims to lower the tax burden that he says "hampers" small employers' efforts to compete in the global economy and create American jobs. The Small Employer Tax Relief Act of 2005, HR 3841, includes...

WASHINGTON - Microenterprise lending under a law enacted in 2004 is a good start but more should be done to ensure that the new legislation fulfills its intent, Gary Plank testified before a House Subcomittee on Sept. 20. Testifying on behalf of WOCCU and CUNA, Plank, who is president/CEO of...

ST. LOUIS - Despite having the ability to sell securities to the public since 1999, some banks still have not captured significant market share from their full-service brokerage counterparts, according to a recently released Maritz Poll survey of individual investors. Of the 1,200 persons who responded to the survey, only...

ATLANTA - In the 22 years he's been with NCUA, Alonzo Swann, who currently serves as the regulator's Region III director, has seen how the credit unions have grown in their services and delivery methods. As regional director, Swann is responsible for the oversight of the chartering program for federal...

ANCHORAGE, Alaska - When it comes to member business lending, Alaska stands out among credit unions in the Lower 48 and Hawaii. Of the 13 credit unions here in the "Last Frontier" state, 10 currently have MBLs on the books. The distinction is the average loan is roughly $545,000, which...

FENTON, Mo. - More than 25 years ago, Rottler Pest & Lawn Solutions got its start thanks to a business loan from Alliance Credit Union. The $115 million credit union recently took the relationship to another level when it provided the financing for the Charlack, Mo.-based lawn company's new 16,000...