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PORTLAND, Ore. - The $1.9 billion Portland Teachers CU has responded to calls from the state regulator for credit unions to do more to combat payday lending in the state. Portland Teachers has launched its Payday Advantage Loan. Members can borrow up to 20% of their next paycheck for a...

I find it funny that bankers and their growing army of lobbyists and lawyers are whining about credit unions encroaching on the business lending arena. ("Nevada CUs, Stung by Banker Rhetoric, Try to Counter Publication Bias," 8/4/04, Credit Union Times and "Banks Overly Worried About CUs' Entry into Small Business...

JACKSONVILLE, Fla. - Longtime VyStar Credit Union Board Director Michael Cascone has been presented the 2004 Defense Credit Union Council Hall of Honor award. DCUC established its "Hall of Honor" in 2000 to recognize its heroes for their extraordinary contributions and inordinate support of DCUC and the defense credit union...

ALBUQUERQUE, N.M. - Two important votes were taken on the opening day of the NASCUS Annual Conference and Symposium. The four-day conference was held Sept. 12-15. First, the NASCUS Board voting members voted and approved a regulator dues increase of 30%. In addition, the NASCUS Credit Union Council voting members...

MADISON, Wis. - Heritage Credit Union has appointed Kat Metzger Marketing Coordinator. Metzger graduated from Minnesota State University Moorhead in 2002 with a Bachelor of Science degree in Mass Communications, emphasis in Public Relations. Before working in public relations for two years at an advertising agency, Metzger held a marketing...

SAN ANTONIO, Texas - If credit unions truly want to differentiate themselves from banks, they need to remove the word "banking" from their vocabularies, Dick Ensweiler, CEO of Texas Credit Union League and Chairman of Credit Union National Association, told attendees during TCUL's 2004 Leadership Conference Sept. 9-11. The remarks...

MOON TOWNSHIP, Pa. - Joseph Cirelli has been on both sides of the fence during his 40-year career in financial services, but his intention has always been to not work himself into an early grave. Cirelli, 64, will retire as president/CEO on Oct.1 after 35 years at the $607 million...

FRESNO, Calif. - A group of residents in the poorest parts of Fresno, California, says it will persevere in its attempt to obtain a credit union branch for their neighborhood even though their first attempt has fallen through. "We aren't giving up at all, far from it," said Keith Kelley,...