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MADISON, Wis.- Gary Officer, an affordable housing professional, was named the new National Credit Union Foundation (NCUF) executive director. Officer replaces Pat Brownell, who announced her plans to leave the foundation earlier this year. "I think the Board has made an excellent choice," says Brownell. "I'm leaving the National Credit...

KIRTLAND AFB, N.M. - Sandia Area Federal Credit Union has been presented an Award of Achievement in the financial institution division from the American Marketing Association. Awards were given to organizations that had successful marketing campaigns during the past year. SAFCU's winning submission was its grand opening campaign for its...

BOSTON-New data collected by the Federal Reserve System suggest check writing in the United States is steadily giving way to electronic forms of payment as consumers, businesses, and financial institutions seek to be more efficient and cost-effective. "The Federal Reserve Banks conducted the study to gain a better understanding of...

Michigan Credit Union League, Northville Township, has honored Gary Lark and retired president/CEO of METRO Credit Union Richard Spence for their contribution to the credit union movement. Lark, a police officer with the Escanaba Public Safety Department and volunteer with Public Service Employees Federal Credit Union, has been presented the...

MADISON, Wis.-In response to continuing drops in interest rates, the National Credit Union Foundation (NCUF) has revised the distribution formula for the Community Investment Fund (CIF). The continued drop makes it so credit unions' charitable intent by participating in CIF was not recognized under the old formula. Under changes adopted...

JERSEY CITY, N.J. - As many insurance industry experts speculated, already the September 11 terrorist attacks are the most expensive tragedy ever for insurers. A recently released Insurance Services Office report finds that property and business interruption insurance claims have already reached $16.6 billion-and are still climbing. The report, from...

WASHINGTON - When Congressional FCU was forced to temporarily close its four branches on Capitol Hill, with no prior notice due the anthrax attacks, the Credit Union Family Service Centers Shared Branching Network helped the credit union offer members several service locations. With over 25 locations in Virginia, Maryland and...

EL PASO, Texas - Home buyers in El Paso and Dona Ana counties who otherwise would be turned down for conventional mortgage financing because of a lack of credit or past credit problems are finding financing assistance these days at Fort Bliss FCU. The $318 million credit union is participating...