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NASA Federal Credit Union, Bowie, Md., has named five high school seniors winners of the 2003 Mitchell-Beall Memorial Scholarship Awards. Students are selected based on essay responses and personal interviews. This year's winners include Jaclyn Schwartz, $5,000; John C. Dobrosielski, $3,000; Michael Quail, $1,500; Catherine Atwater, $1,500; and Amanda Heber,...

WEST PALM BEACH, Fla. - Are credit unions utilizing CUNA's Branding campaign? Well, about half are. According to Credit Union Times' recently expired online voting poll, 41% say they are using it, another 9% say they use it sometimes, and 49% aren't using it. Since its inception, the brand campaign...

ECORSE, Mich. - With a large employer in its field of membership facing yet another round of layoffs, a community credit union based in Ecorse has purchased a service to give its members greater access to financial education and counseling. The credit union faced a significant number of layoffs from...

WASHINGTON-The House Judiciary Committee was scheduled to mark up the Financial Services Regulatory Relief Act (H.R. 1375) at press time. Just one item concerning credit unions, the pre-merger notification exemption provision, falls under the Judiciary Committee's jurisdiction. NAFCU Senior Legislative Representative Murray Chanow said the issue had been discussed in...

ARLINGTON, Va. - The Treasury has cleared the road for credit unions to make SBA 504 loans. The agency, after discussions with senior staff of the Office of Management and Budget and the Small Business Administration, concluded that CUs' involvement with SBA 504 loans does not violate OMB Circular A-129,...

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WEST PALM BEACH, Fla. - Credit unions in some states are starting to learn about what could become a scary acronym for state-chartered credit unions - UBIT - which stands for Unrelated Business Income Tax. It is a tax levied against an exempt entity for income that is unrelated to...

Alabama Telco Credit Union, Hoover, has named Valerie Y. Painter public relations/research coordinator. In addition, after 15 years of dedicated service to the credit union movement, Alabama Telco CU Assistant Vice President of Membership Development Minnie Lou Hill Easterwood has announced her retirement. Louisiana Credit Union League, Baton Rouge, has...