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CARLSBAD, Calif. - Of XCU Capital Corp.'s 42,000 retail clients, it doesn't come as a surprise that not a single trust service relationship has been established with any of them since the credit union-owned broker dealer partnered with Phoenix National Trust in November 2002. Mark Allen, president/CEO of XCU Capital...

WASHINGTON - The House Subcommittee on Housing and Community Opportunity and the Subcommittee on Financial Institutions and Consumer Credit, chaired by Reps. Robert Ney (R-Ohio) and Spencer Bachus (R-Ala.) will hold a joint hearing on March 30 as part of their continuing examination to define the differences between the subprime...

NORWALK, Conn.-Scott Waite, chief financial officer for Patelco Credit Union, was recently named to the Financial Accounting Standards Board's new Small Business Advisory Committee. The 24-member committee was established to increase the small business community's involvement in developing U.S. accounting standards. Committee members include lenders, investors, analysts, and preparers of...

RALEIGH, N.C. - State Employees' Credit Union has teamed up with online brokerage firm ShareBuilder Securities Corporation to provide "Tools for Schools". The "Tools for Schools" program is designed to provide funding for school supplies directly to those students who need them most in the state's 117 public school systems....

BLOOMINGTON, Minn. - The Minnesota Credit Union Network and four representatives from the Paraguayan credit union association CENCOPAN signed a formal partnership agreement on March 25 as part of the World Council of Credit Union's Partnership Program. MCUN and CENCOPAN were paired in the fall of 2003. Their meeting with...

US Airways Federal Credit Union, Pittsburgh, Pa., Information Systems Supervisor Wendy Kingsland, has been elected president of the Pittsburgh Chapter of the Pennsylvania Credit Union Association. Steel Works Community Federal Credit Union, Weirton, West Virginia, has elected Kenneth W. Truax, chairman; John R. Thayer, vice chairman; and William E. Teaff,...

WASHINGTON-Approximately 8,500 runners were scheduled to race through Rock Creek Park last Sunday in the 32nd annual running of the Credit Union Cherry Blossom 10-Mile Run. In Credit Union Miracle Day, Inc.'s third year as title sponsor of the run, the group, which is made up of 66 credit unions...

FAIRBORN, Ohio - Buckeye State CU, based in Akron, Ohio, has become the latest Ohio credit union to sign a wholesale mortgage loan origination agreement with Wright-Patt Financial Group, a wholly-owned subsidiary of Wright-Patt CU. Under the terms of the agreement, Buckeye and WPFG will partner to provide mortgage solutions...