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* Assets: $6 billion * Member CUs: Approximately 1,200. Most are located in Texas, Arkansas, Loiusiana, Oklahoma and Florida. * FOM: National * President/CEO: Francis Lee * Lee on the failed merger: "We are disappointed with this unfortunate turn of events, but we understand and respect the decision...Their decision was...

WASHINGTON-U.S. Treasury Secretary Paul O'Neill signed a tax agreement with United Kingdom Ambassador sir Christopher Meyer and Cayman Island Governor Peter J. Smith CBE to exchange information with the Cayman Islands. O'Neill noted that the Caymans, a well-known tax haven for many off-shore accounts, have been working with the U.S....

See how Provident Central CU President/CEO Ludelle Morrow has guided the CU into the Billionaires Club....Page 24

MADISON, Wis. - What are the emerging trends among CUSOs and what solutions do CUSOs have to develop to maintain strong relationships with their members? Twenty CUNA Mutual CUStOm Program managers tackled these questions recently during a three-day conference. CUNA Mutual's CUStOm Program is a financial management services program designed...

It seems like someone is forever predicting what will, or won't happen to credit unions, if they do, or don't do certain things. For example, here are just three of many current predictions being made: If credit unions don't serve those of "modest means," they will get taxed. Expanded fields...

MSU Federal Credit Union, East Lansing, employees and members have donated their time to raise $455 for Ele's Place, a counseling center for grieving children. Working with the Lansing Chapter of Credit Unions, MSUFCU management volunteered to wash cars as part of the fundraising effort. A fun day was had...

WASHINGTON - All indicators show e-commerce is gaining in popularity, but don't shred those paper checks yet. Paper checks are likely to continue as a dominant form of consumer payments, says the Fed, and the agency is readying to implement a check modernization initiative to develop more efficient ways to...

WATERLOO, Iowa - The membership of Heritage Credit Union and the board of directors of John Deere Community Credit Union have approved the merger of the two credit unions. JDCCU is the largest credit union in Iowa. It has more than $634 million in assets and 92,000 members. Heritage CU...