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PORTSMOUTH, N.H. - Just one month after the terrorist attacks, Service Credit Union has donated $200,000 to the New England Credit Union Disaster Relief Fund to help the victims. "The credit union joins our fellow Americans in sorrow for those who have lost their lives and for all their family...

WEST PALM BEACH, Fla. - A low rate environment, a shaky economy, and plenty of liquidity. Investing in this climate isn't easy, and corporate CUs are seeing many of their member CUs sitting on the sidelines. "They're dragging their feet a bit. Half our balances are still sitting in overnight...

It's more than a good read. It's a veritable potboiler, an eye-popping, can't put it down, page turning expose. And, at least until some NCUA insider is willing to blow the whistle on the sleight of hand, it will have to serve as the Pentagon Papers of the credit union...

WASHINGTON - In a letter to the editor in Oct. 15's USA Today CUNA President/CEO Dan Mica cautions consumers to be aware of hidden costs in the low-rate auto financing deals being touted by finance companies. Mica said that low-rate dealer loans can have bigger pre-payment penalties, and can require...

LUTHERVILLE, Md. -Auto manufacturers' aggressive financing rates and rebates may be appealing to consumers, but they have credit unions up in arms over allegations of anti-competitive dealer practices. What has credit unions stirred up is their charge that dealers' zero percent financing offers are misrepresenting to consumers the hidden costs...

GTE FCU President Bucky Sebastian has a lot to say about the controversial Overhead Transfer Rate. Read about it on page 14.

How quickly things can change. At the beginning of this year, credit unions were flush with cash and enjoying high yields in Market Daily accounts-with rates as high as 6.50%. Many credit unions were reluctant to give up such a high short-term rate and were uncertain as to the longer-term...

WASHINGTON-An envelope containing what two preliminary tests say was anthrax was sent to Senate Majority Leader Tom Daschle's (D-S.D.) office in Hart Senate Office Building. Forty employees, but not Daschle, were in his office when the envelope was opened. His office has been quarantined and some staffers are taking the...