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NAPERVILLE, Ill. - Sibling rivalry between credit unions and banks highlighted the recently ended 92nd session of the Illinois General Assembly. Credit union lobbyists describe the session as "active" and claimed more victories than losses. The long-term strategy of the Illinois Credit Union League, said executive vice president and chief...

WASHINGTON-In the wake of the release of the Federal Reserve's banking fee study, credit union economists are predicting that credit unions are still a better deal for consumers than banks. Currently, credit unions are not included in the Fed's survey, but both CUNA and NAFCU expect to have their own...

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WASHINGTON-CUNA is polishing up the efforts of its Partnership Committee for battle on three major credit union fronts. Upon renaming the CUNA System Planning Committee as the Partnership Committee, the group and its member organizations have targeted three major initiatives for the coming months: to help credit unions build political...

ALEXANDRIA, Va. - Pentagon Federal Credit Union (PFCU) has become the newest sponsor of the Military Times Media Group which consists of the Web sites Army Times.com, Navy Times.com, Air Force Times.com and Marine Corps Times.com. The third largest credit union in the nation with $4 billion in assets and...

Mid-Atlantic Federal Credit Union, Gaithersburg, Md., has named Harpreet Broca Germantown branch manager and Ronald Blanks Rockville branch manager. Chartway Federal Credit Union, Virginia Beach, Va., has named Glenn Thomas director of information technology. Hudson Heritage Federal Credit Union, Newburgh, N.Y., has named Shannon Harkins information technology specialist. Capital Communications...

In recent weeks there have been a number of news stories and related developments involving credit unions that deserve comment. Here is a brief look at just a few of them: * The CO-OP Network, under the capable leadership of its CEO Bob Rose, continues to make impressive headlines on...

GLASTONBURY, Conn. - Core processor Open Solutions Inc. has acquired Connecticut-based Sound Software, a provider of lending management solutions for community financials. Open Solutions will acquire Sound Software for an undisclosed amount of cash and stock. Sound Software will become a wholly-owned subsidiary of Open Solutions and operate as a...