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WASHINGTON - Gary Officer, executive director of the National Credit Union Foundation who resigned that office as of April 26, 2004, said the move was more about getting back to his roots than anything else. The 39-year old Officer also said that his departure was of his own accord and...

ALEXANDRIA, Va. - Twenty-eight credit unions under $10 million in assets disappeared via mergers during the month of March, according to NCUA's most recent monthly data. (see related story, page 1) A total of 34 mergers occurred in March, the most since October 2003. Of those 28 under $10 million,...

WOBURN, Mass. - Nine representatives of the Credit Unions of Massachusetts Kids at Heart program joined some 20,000 runners at the starting line of the 108th Boston Marathon. The CU of Massachusetts Kids at Heart program has been raising funds for the Children's Hospital Boston since 1996. Runner Tammy Plante,...

LENEXA, Kan. - When U.S. Central Director of Communications Roger Dick started planning U.S. Central's 2003 Annual Report he knew it wouldn't be the typical year-end wrap up - it was more like a wrap-up of the last 30 years. On March 25, 2004 U.S. Central marked its 30th anniversary,...

AUSTIN, Texas - The Texas Department of Insurance is pressing on with its search to find the nearly 30,000 former policyholders who are due $7 million from a defunct insurance company that served credit union members. Members Mutual Insurance Co. owned and operated Members Service Insurance Co. and Members Insurance...

ALEXANDRIA, Va. - Lake Michigan Credit Union, the $1 billion credit union headquartered in Grand Rapids, Michigan, that is seeking to change its charter to a mutual bank has submitted the disclosure notice required by NCUA regulations to the agency for review. Once the agency indicates that it does not...

ST. PETERSBURG, Fla. - If the $161 million Sunshine State and $1 billion Lake Michigan Credit Union succeed in their attempts to change their charters they will be the second and third members of PSCU Financial Services members to do so and may force a change in the membership of...

WEST PALM BEACH, Fla. - It's not there yet, but it's getting close to becoming the boy who cried wolf scenario. Credit unions keep hearing rates are going to rise, but it still hasn't happened. It will, say corporates, and credit unions need to have a plan of action. At...