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WASHINGTON - Flattening refinancing activity may be taking a toll on employment in the mortgage sector. The latest numbers from the Bureau of Labor Statistics showed the number of people employed in mortgage-related jobs fell by 1,000 to 422,000. The numbers showed there were 109,500 loan brokers, both mortgage and...

When Alvin Cowans got the call this year that he would be inducted into the University of Florida's Athletic Hall of Fame, the president/CEO of McCoy Federal Credit Union was quite surprised, later sharing the stage in April with past inductee Emmitt Smith, the former Dallas Cowboy now Arizona Cardinals...

ALBANY, Ga. - Talk credit-union-to-bank conversion in this southeast Georgia city of 80,000 and you get a mixed bag of opinion about the outcome - from "a ripoff of credit union members" to "a tremendous financial success story." It's been more than two-and-a-half years since members of the old AGE...

AUSTIN, Texas - Texans may have passed two home equity loan-related amendments in September and another may have become effective in 1998, but don't expect to see any noticeable uptick in home equity loan activity until the state's Credit Union Commission and Finance Commission smooth out some of the "convoluted"...

WASHINGTON-As more interested parties are able to sift through the 183-page report from the U.S. General Accounting Office on credit unions, a variety of responses are coming to light, and predictably everyone is putting their own spin on things. American Bankers Association Executive Vice President Edward L. Yingling latched on...

ATLANTA, Ga. - Credit Union ONE, a $702 million dollar credit union based in Ferndale, Michigan which has a strong reputation for being committed to the credit union philosophy, has sold its credit card portfolio, estimated at $33 million, to Atlanta-based InfiCorp. InfiCorp is a regular purchaser of credit union...

LOS ANGELES - Members of the $191 million USC Credit Union will now be able to apply for emergency loans of up to $5,000 to help defray some of the expenses they might have incurred in the recent Southern California fires. "The Credit Union is a non-profit service corporation. We're...

ALEXANDRIA, Va.-NCUA Chairman Dennis Dollar has appointed an internal working group to evaluate the five recommendations from the General Accounting Office study of credit unions and their regulator. "This group has been tasked to give careful evaluation and review of each of the GAO's five recommendations to the agency," Dollar...