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BETHPAGE, N.Y. - Entrepreneurial hopefuls and established business owners in the Long Island area here now have access to free seminars on starting and running a business. Bethpage Federal Credit Union has aligned with the Farmingdale Small Business Development Center (SBDC) to bring a plethora of start-up resources to entrepreneurs....

SAN FRANCISCO - There are indications that checks are not going to regain any lost ground any time soon. Just over half (51%) of financial executives plan to reduce their businesses' use of checks to pay their bills, according to Visa's Cash Management Survey. The executives plan to move their...

WASHINGTON - For failing to disclose its $500 million purchase of First Union Corp. stock prior to its merger with the bank, Wachovia Corp. will have to pay a $37 million civil fine. According to an SEC lawsuit, Charlotte, N.C.-based Wachovia and First Union failed to disclose in quarterly reports...

COLUMBUS, Ohio - Patrick McGrady, president/CEO of Toledo Area Community Credit Union, has been tapped by Ohio Gov. Bob Taft to serve on the state's Credit Union Council. McGrady, president/CEO of $182 million Toledo Area Community Credit Union, will join other council members in making recommendations to the state's Department...

CHICAGO - Large bank mergers and takeovers attract all the attention, but the same activity is taking place frequently in the competitive space closest to credit unions - community-based financial institutions. According to Grant Thornton Corporate Finance, more than 180 such transactions took place nationally between July 2003 and August...

WARRENVILLE, Ill. - Mid-States recently held its Financial Strategies Forum in Indianapolis that featured a number of well-known industry speakers. In his presentation, retired Patelco CU CEO Ed Callahan said there are two important ingredients for credit unions to attract and retain members - rates and convenience. He stressed that...

SCOTTSDALE, Ariz. - When it comes to credit unions converting to a mutual savings bank, credit union chairmen attending the 28h Annual Chairmen's Roundtable Forum advise others to "just say no". Dubbed "Challenge 2004," the question of whether or not to convert to a mutual savings bank was debated during...

AUSTIN, Texas - Add University Federal Credit Union to the growing list of credit unions being recognized for their outstanding workplace environment. Recently the $594 million credit union has earned the distinction of being named one of the Best Places to Work in Central Texas by the Austin Business Journal...