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NEW YORK - It didn't take William Porter more than a minute to realize changes were needed at Municipal Credit Union when he became CEO in 1981. As he walked off an elevator and into the hallway outside the credit union's only branch, located in a municipal building, he encountered...

Mike Welch is 100% right in the comments he made in his April 30th column about answering bogus bank attacks ("Time to Give Banker Rhetoric Pithy Response.") I think credit unions are defensive because we originally were the underdog. We are not the top dog, but we are equal in...

NEW YORK - In case anyone ever doubted it, the 9/11 attacks on the World Trade Center in New York City brought home the importance of having a disaster relief plan that is as flexible and redundant as possible. It came out this year that the $1 billion Municipal Credit...

ACCESS Federal Credit Union, Clinton, N.Y., has promoted Melissa O. Cousin to vice president of accounting/controller and Pam Wolcott to vice president of human resources. Merrimack Valley Federal Credit Union, Newburyport, Mass., has appointed Peter J. Matthews, Jr. president/CEO. Vermont Federal Credit Union, Burlington, has named Nicole Morris controller and...

I would be remiss if I didn't thank Mike Welch for his supportive response to the Municipal Credit Union's (MCU) action during the World Trade Center disaster of September 11, 2001. I read with great interest his column of September 11, 2002 ("Back to normal not always a good thing"),...

MADISON, Wis - Although New York-based Municipal Credit Union could not have made a claim for insurance money to make up for its recently revealed $15 million loss to ATM fraud, and even though the U.S. Congress has yet to resolve the terrorism insurance issue, CUNA Mutual reiterated its commitment...

Exactly one year has passed since those horrific events on September 11th that many people, from the President of the United States on down, said would change this country forever. At the same time, Mayor Rudy Giuliani and many others pleaded with all New Yorkers to try and return their...

* John Zimmerman, NAFCU communications manager, was in a meeting with representatives from US Central when one of the gentlemen received a page saying that a couple of planes had hit the World Trade Center. "[M]y immediate thought was no way; there must be something wrong with the message. It...