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SHREVEPORT, La. - The African-American Credit Union Coalition has cancelled a cruise to the Caribbean that was set to sail on April 3. "Due to the insufficient interest in a cruise during the suggested time period, the board has elected to not pursue the cruise vacation for 2005," a notice...

GRAND RAPIDS, Mich. - Even though 60% of the members voting in Lake Michigan's attempt to change its charter to that of a mutual bank favored the idea, the proposed move still went down to defeat. Under Michigan law, a state chartered credit union seeking to change its charter must...

WASHINGTON - For some credit unions, following an organic approach to boosting member numbers may be the way to go. Annual member growth at the end of Sept 30, 2004 was only 2.3%, according to Callahan & Associates, Inc. Almost half of America's credit unions lost members over the previous...

Community One Federal Credit Union, Las Vegas, has named George Schneider IT manager. In addition, Community One Vice-President of Corporate Communications Sidra Kain has been appointed public relations chair for the executive committee of the Community College of Southern Foundation Board of Trustees. Hawaiian Tel Federal Credit Union, Honolulu, President...

ALEXANDRIA, Va.-In a recent review of examination findings, NCUA found that "some credit unions are not fully complying with the requirements of Part 706" (requirements of the National Flood Insurance Program). Letter to Credit Unions 04-CU-16 provides a reminder of the key provisions of the program, including: * a credit...

Creditor Resources, Inc., a credit insurance solutions marketer, has named John Kramer senior vice president/business unit leader. Prime Alliance Solutions, Inc., a mortgage solutions credit union service organization, has named W. Robert Hall director of sales/marketing. AmeriCU Mortgage Company, a mortgage provider, has appointed John Teweles president.

SANTA ANA, Calif. - With banker attacks against credit unions showing no signs of let-up any time soon, Orange County's Credit Union here has created the position of chief political officer and appointed Adam Denbo, former AVP of technology, to the spot. The chief political officer position was established in...

MADISON, Wis. - Shareholder lawsuits and a demanding regulatory environment are forcing all boards of directors - including those of credit unions - to a higher level of accountability and performance. Board effectiveness is no longer a desired goal, it's a necessity. Effective boards share many of the same qualities,...