News

ARLINGTON, Va. - Among the list of items the NASCUS Government Relations Committee is scheduled to take up at its next meeting during NASCUS' annual conference in September, is the bill-H.R. 2796 introduced by Ohio Republican Congressman Robert Ney-that would allow privately insured, state-chartered credit unions to become members of...

CAPE TOWN, South Africa - It's been a busy year for the Savings and Cooperative League of South Africa (SACCOL). Over the past six months 11 applications for membership have been received and seven have been accepted. SACCOL believes this is a great achievement by their members in financially empowering...

TRENTON, N.J. - The state Department of Banking has released its third edition of the "Consumer Guide to Bank and Credit Union Fees," and the results show that credit unions once again compare favorably to bank in several categories. Among the findings, credit unions reported lower transaction fees for ATMs,...

JEFFERSON CITY, Mo. - The state Credit Union Commission at a meeting Aug. 9 issued a written decision supporting its May 24 rejection of an appeal filed by the Missouri Bankers Commission on a ruling by the director of the state Department of Credit Unions granting a 3,000-member expansion exemption...

LEEDS, U.K. - Sue Davenport, chief executive of Leeds City Credit Union has received the United Kingdom's Co-operative Council's Grassroots Co-Operators Award. She is only the second recipient ever of the award. Davenport was nominated for the award by the Yorkshire Chapter of Credit Unions, which praised her "seemingly inexhaustible...

VOGELWEH, Germany and PORTSMOUTH, N.H. - What happens when you are a healthy credit union with satisfied members, and then a large number of your members disappear for reasons beyond your control? That is what happened to Service Credit Union (SCU) at its branch in Germany when troop reductions forced...