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The Utah FOM case took another litigious turn. Page 6.

WASHINGTON - How do wholesale institutions like corporate credit unions comply with a reg written for retail institutions like credit unions? Corporates want some answers. Corporate credit unions say they are happy to comply with the Bank Secrecy Act, but they need more guidance from NCUA. Association of Corporate Credit...

VIENNA, Va. - Navy Federal Credit Union acknowledges that it may be "late to the game" of business services but if word of mouth is any indication, better late than never. Less than two months after the $21 billion credit union softly launched its Navy Federal Small Business Services nearly...

ALEXANDRIA, Va.-Credit unions continue to add underserved areas and expand to community charters resulting in increasing numbers of people who are eligible to join. Seven credit unions were granted community charters by NCUA in April, according to NCUA data. The largest was Nassau County Federal Credit Union in Garden City,...

Provident Credit Union, Redwood Shores, Calif., longtime member and board director Phillip Capitolo has died at the age of 73. During his 34-years of service Capitolo served as board chairman twice and applied his experience in the education and credit union fields to help Provident CU grow. Capitolo is survived...

NAPERVILLE, Ill. - Bator Training & Consulting, Inc. (BTC) and Great Lakes Estate Planning have linked up to help bring trust services to credit unions. BTC is a training and consulting firm providing marketing and management services to credit unions and corporate credit unions. GLEP provides a number of estate...

WASHINGTON - SBA Administrator Hector Barreto said credit unions can go a long way in helping small business owners get the capital they need to be financially successful. During a May 19 meeting at the SBA Expo in Orlando, Barreto talked with NAFCU President Fred Becker, NAFCU Senior Vice President...

NEWPORT NEWS, Va. - Newport Shipbuilding Employees' CU filed two separate applications with the state Bureau of Financial Institutions on May 19 to expand its field-of-membership to include two underserved areas. In one application, the $792 million credit union applied to expand its FOM to include the contiguous designated "distressed...