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ST. PAUL, Minn. - At Affinity Plus Federal Credit Union, talk is cheap. For the past five years the $780 million credit union has been developing an environment based on passion and accountability with a focus on building relationships and leaders. "It sounds easy but it is harder to do...

LITTLE ROCK, Ark. - The economic downturn in Arkansas underscored by rising bankruptcies is taking a bite out of banks here, but so far the state's problems seem to have spared credit unions. That was the assessment of officials of the Arkansas Credit Union League after the state's banking commissioner,...

"I hope the Small Business Committee knows the SBA is working in good faith to have a new accounting system in place by April. Congress should keep an eye on this project. We intend to satisfy their concerns." -Mike Stamler, spokesman for the Small Business Administration, commenting on the GAO...

HUNTSVILLE, Ala. - The $1.3 billion Redstone Federal Credit Union, based in Huntsville, has been granted a total of nearly $2 million from the Atlanta Federal Home Loan Bank to help finance its work with northern Alabama low-income housing. According to Gerald Toland, CEO of the credit union, the institution...

LYNCHBURG, Va. - Alda Wilkinson has joined the Virginia Credit Union League as senior vice president of governmental affairs/public relations. For the past three years, she served as senior policy analyst for the Virginia Commission on Local Government which monitors state legislation impacting local government, publishes research studies on local...

PMI Mortgage Insurance Company, a mortgage provider, has promoted Kathy Schroeder to senior vice president/general manager of CMG Mortgage Insurance Company. Fort Knox National Company, an ePayment processor, has named Sohrab Felfeli chief information officer. BISYS, a business process outsourcing solutions provider, has named Dennis R. Sheehan board director. Jack...

ST. PAUL, Minn. - Under recently enacted changes in the Minnesota credit union law, St. Paul Postal Employees Credit Union has won approval to offer its services to residents of Washington, Ramsey and Dakota counties. The three counties have a population of over 1.1 million people. The credit union, which...

Redwood Credit Union, Santa Rosa, Calif., has named John McFarlin dealer relationship officer. Water and Power Community Credit Union, Los Angeles, Calif., has named Thomas A. Jones vice president of lending. Richard Myles Johnson Foundation, which supports consumer financial education and career development opportunities for credit union professionals and volunteers,...