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ARLINGTON-NAFCU has put together a two-page Myth v. Reality compilation of bankers' allegations about credit unions to share with members' lawmakers and with the media. The first myth they provide is that bankers say credit unions do not pay taxes. According to NAFCU, credit unions pay many taxes, like payroll...

ONTARIO, Calif. - Two big credit union players are hooking up to extend ATM access in Hawaii and Guam The CO-OP Network and WesCorp reached a deal that could potentially have 27 WesCorp member CUs in Hawaii and Guam joining CO-OP's ATM network. Rand N. Yamasaki, WesCorp's Senior Vice President...

WASHINGTON - The World War II Memorial in Washington, D.C., for which NAFCU worked to raise funds, recently opened to the public. "We are delighted that the World War II Memorial is now open to the public, and NAFCU members should be proud of their contribution to funding a project...

GAITHERSBURG, Md. - As Youth Week drew to a close, volunteers from Mid-Atlantic Federal Credit Union completed teaching an eight-week financial management course for eighth grade students at Mother of God School in Montgomery Village, Maryland. Weekly course topics ranged from "How to save money" and "Opening a checking account"...

LAS VEGAS - After two years, there's still no official word from the SEC on whether the agency will extend the license exemption applied to CUSOs under the 1993 Chubb Securities Letter allowing CUSOs providing broker/dealer services to receive commissions from the sale of mutual funds and other securities. Neither...

GRAND JUNCTION, Colo. - In a move toward greater membership "diversity," the $60 million Mesa County Teachers Federal Credit Union converted to multi-county status the week of April 26th and adopted a new name, Western Rockies FCU. "Beyond our educational base, this change allows to reach a broader membership base...

According to NCUA Region V Director Melinda Love, the most frequent reasons given by small CUs for merging are: * expanded services - 61% of CUs merging nationwide say they want expanded services; * income pressure - 13% of merged CUs attribute mergers to poor financial conditions. Smaller CUs have...

LIBBY, Mont.- Kootenai Valley Federal Credit Union Manager Betty Willman's chariot awaits her after work hours.behind a 29-inch high horse. Most people just keep them as pets, Willman explained, but she said you can train the 29-inch high horses to pull you around in a cart. Some also show them,...