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Chartway Federal Credit Union, Virginia Beach, Va., has raised more than $16,000 for the American Cancer Society. This year, more than 60 employees participated in the 1st Annual Elizabeth River Relay for Life. In addition, since January, employees started organizing fundraisers that included doughnut and bake sales, raffles, silent-auctions and...

VANCOUVER, B.C.- Two of the largest employee-based credit unions here -Van Tel CU and Vancouver Safeway Employees Credit Union-are discussing a possible merger. According to Vancouver Safeway CEO Bob Luxford, since the branches of the credit unions complement each other, members will enjoy better delivery options and a wider range...

MADISON, Wis. - World Council of Credit Unions celebrated its 30th anniversary as the world's leading advocate and development agency for credit unions. Incorporated in 1971 and previously known as the CUNA World Extension Department, WOCCU at its formation consisted of three national confederations including the U.S., Australia and Canada,...

MINNEAPOLIS - Prime Alliance Solutions, a joint-venture between IT firm Dexma Inc. and the $4 billion Boeing Employees' Credit Union, has launched a mortgage technology solution geared for small and mid-sized credit unions. Known as Prime Alliance Lite, the Net-based system enables these sized credit unions to originate loans via...

WASHINGTON-While NAFCU and NASCUS had staked out their claims in the overhead transfer rate debate, CUNA's position, representing both state chartered, federally-insured and federal chartered credit unions, called for more delicate handling. CUNA Associate General Counsel Mary Dunn said, "[The overhead transfer rate issue] is driving a wedge between state...

WASHINGTON-The Senate Approp- riations Committee approved the VA-HUD and Independent Agencies appropriations bill setting the borrowing cap for the Central Liquidity Facility (CLF) and granting funds to the Community Development Financial Institutions (CDFI) Fund and the Community Development Revolving Loan Fund (CDRLF) Program. The CLF borrowing authority, which has no...

ONTARIO, Calif. - While the IRS is handing out advanced tax refund checks, the CO-OP Network is offering members more surcharge-free ATMs. Through an agreement with St. Paul, Minnesota-based Access Cash International, Inc., a provider of self-service financial products, CO-OP Network's nine million cardholders now have 12,000 surcharge-free ATMs in...

NAPERVILLE, Ill. - After about seven months of conducting an executive search, the $3.7 billion Mid-States Corporate FCU has found its new CEO in the CEO's office of another corporate - Georgia Central CU. Georgia Central's CEO, Dave Preter, will succeed long-time Mid-States Corporate FCU President/CEO Don Finn, who announced...