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WASHINGTON-Federal Reserve Board Governor Ben S. Bernanke took the oath of office again Nov. 14 for his new term on the board. Fed Chairman Alan Greenspan administered the oath in his office, with Bernanke's wife, Anna and children Alyssa and Joel present. President George W. Bush announced his intention to...

I found a lot of truths in Mike Welch's Nov. 5th column, "Some Credit Union Myths Refuse to Die," however he left out two important myths that are still alive in our industry. The first is that the taxation status of credit unions is dependent on the non-pay status of...

INDIANAPOLIS - re:Member Data Services' Advisory Council has added some new members. Ginny Sosnicki (Coventry CU) has been selected to serve as the council chairperson and Mike Armbruster (ESL FCU) will be the group's co-chairperson. The council held its first meeting recently and the big news was the soon-to-be released...

PASADENA, Calif. -Mitsubishi Motors North America, Inc. recently selected Wescom Credit Union to offer financial services to its 1,800 employees at its Cypress, Calif. facility. Mitsubishi Motors North America, Inc. is responsible for all of the North American operations of Mitsubishi Motors Corp., which manufactures, distributes, finances and markets Mitsubishi...

ALBANY, N.Y. - The $4.6 billion Empire Corporate FCU has named Christopher J. Duwe as Director of Business Continuity Planning & Project Management. Duwe will direct and manage Empire's project management function, and provide a leadership role in the planning and oversight of Empire's business continuity process. Previously, Duwe was...

HEATH, Ohio - Wanting to draw attention to its new branding campaign of "Get in Here and Get What You Want. When You Want Money, We've Got Money", Hopewell Federal Credit Union has literally taken its billboard on the road. The "billboard" is actually a 1998 Pontiac Passport mini-van wrapped...

SAN DIEGO - To be truly successful, credit union leaders need to focus on people both inside and outside of credit unions. That was the gist of the message from three different keynote speakers at the 2003 annual meeting and convention of the California/Nevada Credit Union League held here recently....

*NCUA should create a Division of Insurance with a director who reports directly to the agency's board. Activities related to the insurance fund should be placed under this director as well as those activities that are or should be predominantly funded by the OTR such as examiner training, information systems...