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RENO, Nev. - Here's a message for credit unions going into business lending: take it slow, do thorough research on potential borrowers, and make sure you're willing to pay the going rate for the most experienced officers. On one level, "you have to ask yourself if your IT structure has...

HARRISBURG, Pa. - Taping of the first Pennsylvania Credit Union Association-sponsored `Pennsylvania Newsmakers' program was completed Oct. 1, and was scheduled to be aired the week of Oct. 5. `Pennsylvania Newsmakers' is a Harrisburg-based politics and public policy talk show. In the edition taped Oct. 1, former PACUA Board Chairman...

Indiana Credit Union League, Indianapolis, has promoted Chris Beaumont to vice president of governmental affairs; Kay Neidlinger to vice president of communications; and Katie Meyer to communications manager. In addition, Indiana CUL has named Carrie Stiers governmental affairs specialist. Postal Credit Union, North St. Paul, Minn., has elected Judy A....

MADISON, Wis. - Credit unions asking why now the increase in recent scandals involving the mutual fund industry, might want to go back to the 1980s to find the source. It was then that mutual fund companies began to grow into the $7 trillion business it is today, said Scott...

CHICAGO - Sarah Vega, former director of the Illinois Department of Financial Institutions, who was appointed credit union supervisor by former Gov. George Ryan in the closing days of his administration and who, along with more than 20 other Ryan appointments were subsequently fired by current Gov. Rod Blagojevich, is...

RICHMOND, Va. - The case involving the Virginia Bankers Association's appeal of a decision by the state commissioner of the Bureau of Financial Institutions approving DuPont Community Credit Union's application to expand its community field-of-membership to five counties and five cities in the Shenandoah Valley, has reached another milestone. The...

ALEXANDRIA, Va.-NCUA chartered Cornerstone National Insurance Federal Credit Union at the end of last month, the first credit union chartered in the state in more than 14 years. Cornerstone National Insurance FCU was chartered on Sept. 26 to serve the employees of Cornerstone Management Partners, Inc., its wholly-owned subsidiaries and...

Credit Union Central Falls, R.I., has promoted Daniel J. O'Brien to senior vice president/chief financial officer; Lisa G. Dandeneau to senior vice president/chief operating officer; Gene R. Giarrusso to senior vice president/chief lending officer and Timothy J Draper to vice president of marketing. Empire Corporate FCU, Albany, N.Y., has promoted...