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LANSING, Mich. - The state Office of Finance and Insurance Services has approved the merger of three Grand Rapids credit unions into Grand Rapids Teachers CU, which has been managing the three CUs under a contractual arrangement for several years. Involved in the merger are Alliance CU, $38 million in...

ALEXANDRIA, Va. - Corporate credit unions can't be compared to other financials, that's the message corporate CUs wanted NCUA to get loud and clear when amending the corporate CU reg, Part 704 - it looks like NCUA listened. "It appears that the concept of Reg-Flex has permeated this proposed rule,"...

MADISON, Wis. - Facilities of two credit unions located at the World Trade Center were completely destroyed by the terrorist attacks involving two hijacked jetliners, but at press time it appears that all credit union employees survived. According to CUNA Mutual, which provides bond and other insurance coverage to the...

WASHINGTON-Credit Union House is awaiting its grand entrance-or entrants, from the building's perspective-into the credit union community, according to Credit Union House Manager Kyle Noble. A ribbon cutting ceremony was originally scheduled to take place September 11, but it was postponed due to the bombing of the Pentagon and subsequent...

PASADENA, Calif. - Los Angeles Firemen's Credit Union has established a NYC Fallen Firefighters Fund to assist the families of the firefighters affected by the terrorist attacks on the World Trade Center. The credit union said the fund will help the New York City "fire family" cope with short-term and...

WEST PALM BEACH, Fla. - Visitors to Credit Union Times' Web site (www.cutimes.com) will find a new voting poll focusing on credit union-to-mutual savings bank mergers. The total number of such mergers is only 15, however activity has picked up in the last few years, with seven currently pending. The...

INDIANAPOLIS -The Indiana CU League has set aside a section of its Web site for credit unions to report efforts to help those affected by Tuesday's terrorist bombings of the World Trade Center and the Pentagon. In addition, Indiana Carpenters FCU in Hobart is setting up an emergency blood drive...

NEWPORT BEACH, Calif. - Even though at presstime airports were still closed for flights and there was no word when planes would fly again, NACUSO announced on Sept. 12 that its Fall Leadership Conference planned for Sept. 19-21 in Kapolei, Hawaii was still on. "Many members of our board including...