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SANTA ROSA, Calif. - In a surprise move William Rayhill retired as president/CEO of Redwood Credit Union. Rayhill joined the credit union over 20 years ago and helped build it from a $20 million CU with 10,000 members to the $948 million, 105,000 member CU it is today. Redwood CU...

SOUTHFIELD, Mich. - Dan Balagna, the one and only CEO, so far, of the Service Center Corporation, the nation's oldest national shared branching network, retires officially as of December 31. Affiliated with Michigan credit unions since the age of 19, Balagna rose through the ranks of the Michigan Credit Union...

WEST PALM BEACH, Fla. - This year credit unions were ready to rumble for their members. From CUNA launching "Make the Switch to a CU" National CU branding materials, and credit unions blatantly counting the ways they are better than banks, to credit unions making spectacles of themselves on the...

RICHMOND, Va. - More than 200 credit union supporters representing each of the Virginia Credit Union League's 10 chapters, participated in a conference call Dec. 8 organized by the League on strategies for the upcoming General Assembly and for dealing with the lobbying tactics being used by the Virginia Bankers...

ALBANY, N.Y. - Empire Corporate is opening a new check processing facility in Linthicum, Maryland. This will be Empire's fifth facility, scheduled to open in the first quarter next year. The new 5,280 square-feet facility will be 100% image enabled, as is the corporate's other four processing sites. A search...

SALT LAKE CITY - Perhaps it's a given that Utah-with the most CU membership penetration in the U.S. at 40%-would also provide fertile ground for the banking lobby to groom the most CU antagonists. The following is a Rogue's gallery of some of the key banking players: * Harris Simmons,...

One of the many distinctions between paid advertising and editorial content in any reputable publication is that advertising space is for sale while editorial space is never sold. It's just not done! Yet, some publications ignore the importance of keeping paid ads completely separate and distinct from the editorial product...

GLENDALE, Calif. - Burglars broke into the main offices of the $1 billion The California Credit Union here over the weekend of November 15-16 and made off with a hard drive containing thousands of members' personal financial information. The thieves did not take the whole computer but took only the...