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NORTHVILLE TOWNSHIP, Mich. - Michael DeFors joined the Michigan Credit Union League Feb. 2 as director of regulatory and legal affairs. The 53-year old DeFors was formerly with the Michigan Bankers Association for 16 years where he worked in government affairs and directed the efforts of the MBA's Compliance Committee...

DURHAM, N.C. - Latino Community Credit Union, the award-winning $14 million CU headquartered in Durham, North Carolina, has lost the first round in a legal fight with North Carolina's Division of Motor Vehicles over the so-called Matricula Consular cards. The credit union's leadership is now considering whether to pursue its...

SAN JOSE, Calif. - Technology Credit Union has partnered with SMARTMOVET, a Prudential California Realty Program to offer real estate services and cash rebates to members who buy or sell their home through the program. The cash rebates range from $100 to $5,000 depending on the sales price of the...

State Employees Credit Union, Lansing, Mich., has raised $20,904 for Capital Area United Way. A stunt contest was held in which the top stunts with the highest amount of donations were performed. Stunts included a Tricycle Relay Race, Silly String Shoot Out, and Bungee Hoop Contest. Due in part to...

SALT LAKE CITY-U.S. District Court Judge Dale Kimball heard the credit union and banker arguments last Tuesday on NCUA and the credit union intervenors' objection to the magistrate judge's decision to allow for discovery in the Utah field of membership case. According to attorney Paul Lambert of Bingham McCutchen LLP,...

In response to Mike Welch's January 21st column ("Well Intended CU Board Actions Can Backfire") relating to a credit union board's actions implementing a stricter bylaw to prevent or at least "raise the bar" for any future conversion to a bank, I do not see a great deal of potential...

BOSTON - As the latest Microsoft-focused virus wreaks e-mail havoc around the Internet, credit union IT managers wondering if they should branch out a bit may find they're not alone. A new Yankee Group survey of organizations the size of most credit unions reveals that many small and medium-sized businesses...

WARRENVILLE, Ill. - Mid-States Corporate FCU and the Minnesota Credit Union Network have announced a strategic alliance to support each other's efforts in serving credit unions. The organizations will host a joint reception during the Network's upcoming Annual Meeting on Saturday, April 17, 2004. Minnesota Corporate Federal Credit Union merged...