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PASADENA, Calif. - A one-day political action fund-raising effort has raised $257,000 for the California/Nevada Credit Union League, officials have announced. The third-annual phone bank event, held April 6 at Wescom Credit Union here, set a new one-day league PAC record, breaking the 2003 phone bank record of $166,000. California...

ARLINGTON, Va. - Credit unions looking to upgrade their ATM fleets may find Triton ATMs a more attractive option after the Long Beach, Mississippi, ATM manufacturer announced a deal with fellow ATM manufacturer Fujitsu. The two companies have announced a worldwide licensing agreement under which Triton will be able to...

PHOENIX, Ariz. - Tough week at the office? Why not relax by strapping on an air tank and regulator, slipping into fins and goggles, and swimming dozens of feet under the ocean with a couple sharks? It works for Susan Frank, CEO of Desert Schools Federal Credit Union. However, she...

WALLINGFORD, Conn. - Constitution State Corporate Credit Union has signed Atlanta-based VSoft Corp. to be the $1.8 billion corporate's provider of Check 21 solutions. VSoft's Check 21 product suite includes the ability to create MICR-readable substitute share drafts and to electronically supply draft images to member credit unions and the...

WASHINGTON - Freddie Mac, along with Congresswoman Anne Northup (R-Ky.) and a Metro Louisville coalition launched an aggressive Don't Borrow Trouble program to eradicate predatory lending in the metro area. First piloted in Boston, Mass. by Mayor Thomas Menino and the Massachusetts Community & Banking Council, Freddie Mac has expanded...

WASHINGTON-The most recent attack on credit unions' tax exemption has caught the eye of consumer groups, mainstream media, and others outside of the credit union-bank battle. One of the highest ranking officials to recently take note of the credit union taxation challenge by the bankers was Senate Banking Committee Chairman...

WASHINGTON - The Federal Reserve Board issued proposed amendments to the Fair Credit Reporting Act regulation to move one step further to implementing the Fair and Accurate Credit Transactions Act. The proposal would add a model form for financial institutions, including credit unions, to use if they provide negative information...

Comparing the latest listing of the top 100 credit unions by assets as of December 2003 to December 2002 shows not only are there more credit unions with more than $1 billion in assets, but the number of CUs with more than $2 billion in assets is also growing. As...