Search Results

WASHINGTON-In the lobby of the Children's National Medical Center April 1, Credit Union Miracle Day, Inc. presented a check to the hospital for $325,000. The funds, raised by the group of more than 60 credit unions and related associations, came from proceeds of the Credit Union Cherry Blossom 10 Mile...

RANCHO CUCAMONGA, Calif. - Larry Wilson, CEO of Coastal FCU and Joe Brancucci, vp/chief lending officer of BECU and president/CEO of Prime Alliance solutions, have joined the board of Credit Union Direct Corp., expanding the number of board members to nine. Wilson and Brancucci join other CUDL Board members including:...

WASHINGTON - Deputy Treasury Secretary Samuel Bodman joined Sam Johnson (R-Texas) and Sen. Craig Thomas (R-Wyo.) at a March 31 press conference introducing new legislation that aims to implement President Bush's proposal to create the Lifetime Savings Account. LSAs would allow everyone to contribute up to $5,000 each year to...

ARLINGTON, Va. - Just how essential is it to issue credit cards? Whether issued on their own or through an agent relationship with a card issuing bank, credit cards are generally considered essential items in a competitive credit union's product mix. But three credit unions with more than $500 million...

The credit union selected Genesys Meeting Center, an integrated Web and voice conferencing service designed to bring some 100 people together in a fully interactive environment. "With a membership that is spread across 10 countries and throughout the United States, we were looking for a better and cost effective way...

WASHINGTON-CUNA submitted an official comment letter with the Federal Reserve recently commenting on possible amendments to Community Reinvestment Act regulations. In the Feb. 6 Federal Register, the Federal Reserve published a joint Notice of Proposed Rulemaking which would ease reporting requirements for "small institutions" by changing their definition under CRA....

WASHINGTON - Credit unions seem to be the perfect match for Small Business Administration loans, but the SBA is learning that credit unions are not ones to jump on new things. When SBA opened its lending programs to all credit unions Feb. 14, 2003, credit unions did not swarm upon...

MADISON, Wis. - Officials from Bolivia's Superintendency of Banks recently got a hands-on experience of Ohio's credit union system and the corporate network thanks to the WOCCU's People to People Partnership. The Partnership, also formed by WOCCU-Bolivia, the Ohio Credit Union League and Corporate One Federal Credit Union, welcomed Efrain...