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NEW YORK - It looks like credit unions will have bragging rights for at least another year. Once again credit unions outpaced all other financials in satisfaction levels according to the annual American Banker/Gallup Consumer Survey. The 2001 survey found that consumers in general are happier with their primary financial...

ALEXANDRIA, Va.-Even though nearly all the issues addressed at the July NCUA Board meeting were very significant to the credit union industry, the meeting ran as smoothly as any of the others this year. During the meeting, the NCUA Board members approved unanimously every single item that came before them,...

MADISON, Wis. - The two year "Plan it, Save 4 it" savings campaign pilot is reaching out to the Hispanic market. Promotional materials including a black & white quarter-page ad and text for a statement stuffer have been produced in Spanish and both are available free online. Sponsored by NCUF...

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CUNA Mutual Group, Madison, Wis., has promoted Paul Meier to vice president in information technology, network/voice and Peggy Haack to vice president in information technology, server hardware/software.

NORTHVILLE, Mich. - It's happened again. Add Michigan to the growing list of states that have enacted legislation providing a mechanism for state-chartered credit unions to convert to mutual thrifts. Less than two weeks after the Rhode Island state legislature passed similar legislation (CU Times, July 25), the Michigan House...

RALEIGH, N.C. - Jim Blaine, president/CEO of $6 billion-State Employees Credit Union of North Carolina is not daunted by NCUA's decision to not count as net worth a $1 million capital equity share investment from Self-Help Credit Union. He intends to continue to defend his position that federally-insured credit unions...

WASHINGTON-The House Financial Services Subcommittee on Financial Institutions, chaired by Rep. Spencer Bachus (R-Ala.), held a hearing July 24 on legislation aimed at curbing Internet gambling. Bear Stearns released a report in March estimating that $5 billion will be spent each year on Internet gambling by 2003. American consumers constitute...