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Mid-Atlantic Federal Credit Union, Gaithersburg, Md., has named Thomas Bowen member services manager; Steve Wagner consumer loan collections manager; Tony Johnson director of branch operations; and Sharon Simpson marketing vice president.

ALEXANDRIA, Va.-NCUA Chairman Dennis Dollar recently hosted a meeting at the agency's headquarters with the president's top advisor on the nation's Historically Black Colleges and Universities to discuss the opportunities for credit union services and student recruitment. President George W. Bush's Board of Advisors on Historically Black Colleges and Universities...

MADISON, Wis. - The Wisconsin State Legislature passed a bill, A.B. 2, that modernizes the state's credit union statute. The bill was been sent to Gov. Jim Doyle and he is expected to sign it in to law. A.B. 2 was introduced in January. It allows state-chartered credit unions to...

WASHINGTON-While CUNA had a representative testifying before the House Financial Services Committee hearing on Remittances: Reducing Costs, Increasing Competition, and Broadening Access to the Market, NAFCU also sent a letter in support of expanding low-cost wire transfer opportunities. Self-Help Credit Union Vice President John Herrera, also chairman of Latino Community...

Fort Bliss Federal Credit Union, President/CEO Kelly Cooke has announced he will retire. Cooke will be relocating to Taos, N.M. and will continue to be involved with credit unions as a consultant for Cooke/Andres, Inc. San Antonio Federal Credit Union, has promoted the following employees: Kris Franckowiak to first vice...

ALEXANDRIA, Va.-Credit unions with loan portfolios that are heavily concentrated in fixed-rate mortgages should work to diversify, NCUA Chairman Dennis Dollar warned in a recent Letter to Credit Unions (03-CU-15). Due to historically low interest rates earlier this year, credit unions' share growth boomed while demand for mortgage lending also...

A lot is happening in the world of share drafts. Merchants and banks are converting share drafts into ACH entries to reduce cost and speed processing, and legislators are passing a law (the Check Truncation Act, also known as "Check 21") that will provide new options for the collection of...

ALEXANDRIA, Va.-NCUA Chairman Dennis Dollar recently hosted a meeting at the agency's headquarters with the president's top advisor on the nation's Historically Black Colleges and Universities to discuss the opportunities for credit union services and student recruitment. President George W. Bush's Board of Advisors on Historically Black Colleges and Universities...