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WASHINGTON-With still nearly a month to go before its Congressional Caucus, NAFCU has already signed up around 400 delegates for the event. Typically, the Caucus draws a crowd of around 400-500 delegates, which does not include spouses or speakers, according to NAFCU Senior Legislative Representative Murray Chanow. At the extremes,...

First American Credit Union, Beloit, Wis., longtime 25 year member Wayne Hayelan has donated his 60-year-old, 48-star American flag to the credit union's Rockton branch to preserve and display a part of history. Hayelan received the flag as an award in 1945 while attending the Northwestern Military and Naval Academy...

ALBUQUERQUE, N.M. - The New Mexico Credit Union League has officially joined the growing ranks of credit union leagues that have changed their name to be called an association, citing the confusion caused by the word "league." The name change to the Credit Union Association of New Mexico was effective...

INDIANAPOLIS - David Becker, a banker and entrepreneur with a strong reputation among credit unions as the founder of data processing firm RDS and CU online banking firm VIFI, argues strongly that credit unions and smaller banks are foolish to sell their credit card portfolios. "Credit unions' biggest card managing...

BOISE, Idaho - Two small Idaho credit unions, the $29 million Les Bois FCU in Boise and the $38 million Potelco United CU of Pocatello, are winning the praises of lawmakers and civic leaders following the separate opening of two branches in communities abandoned by commercial banks. "It is heartening...

POUGHKEEPSIE, N.Y. - A new add-on to its core processing system is allowing Hudson Valley Federal Credit Union to expand for the first time in 16 years the number of products for which members can receive automatic line-of-credit (LOC) increases. The $1.8 billion CU is one of four of the...

WASHINGTON - Deferred compensation plans at federal credit unions have been officially put on the IRS priority list and guidance on how they're administered could come by next June. Given all that's gone on of late with executives and their retirement plans, or lack thereof, the IRS guidance could represent...

WEST PALM BEACH, Fla. - Acquisitions in the technology space show no signs of slowing down. Three technology firms that have a presence in the credit union market have made acquisitions. Core processor Open Solutions, Inc. continues what has been a flurry of acquisitions. OSI has purchased Datawest Solutions, Inc.,...