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CHICAGO-Dan Simon, a veteran examiner/supervisor of credit unions in the old Illinois Department of Financial Institutions, has been named acting head of a reorganized unit replacing Patrick Smith who has resigned, it was disclosed last week. Simon's elevation to acting credit union supervisor of the new Division of Financial Institutions...

WEST PALM BEACH, Fla. - Credit union political support is booming these days, but can it reach into every corner of the country? Including members of Congress officially backing the Credit Union Regulatory Improvements Act and those who have spoken out in favor of the credit union tax exemption, approximately...

Point Loma Credit Union, San Diego, Calif., has awarded $7,500 in college scholarships to three deserving local high school students. Each individual student received a $2,500 scholarship. This year's recipients include Jacqueline Rez, Angela Mantione, and Jenna Tatum. The three students are eligible to receive an additional $1,000 per year...

I just finished reading the June 23rd Credit Union Times article on the labor dispute between CUNA Mutual and its union, and want to pass along some comments on my reaction to the OPEIU dispute. I agree that "it's about time" that CUNA Mutual offer some resistance to union demands....

WASHINGTON and BASKING RIDGE, N.J.-Four more representatives have jumped on the bandwagon in support of credit unions' tax-exempt status. In a recent visit to Affinity Federal Credit union, Congressman Scott Garrett (R-N.J.) "genuinely empathized with our position" on the tax exemption and regulatory relief," according to Donna LoStocco, Affinity's vice...

MADISON, Wis. - More credit unions are turning to remote channels to increase their lending growth and cross-selling their financial products and services during the loan transaction to stay competitive. This, according to the latest Lending Strategies and Trends Research report from CUNA Mutual Group. Seventy-six percent of credit unions...

ECCT.net, a technology solutions provider, has named Scott Norcott credit union technology specialist. Aimbridge Indirect Lending, a division of Aimbridge, has promoted Debra Kirkpatrick to vice president of operations.

WASHINGTON-The federal financial institutions regulatory agencies issued a proposed regulation last week providing consumers the chance to "opt out" of affiliate information sharing for marketing purposes. The proposal includes a general prohibition on using certain consumer information from an affiliate organization to solicit them unless the consumer first has the...