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SOUTHFIELD, Mich. - The Service Centers Corporation, one of the three alternatives of credit union shared branching in the United States and a wholly-owned subsidiary of CO-OP Network, has added the $1.1 billion Northwest Federal Credit Union, based in Herndon, Virginia, to its shared branching network. Dan Balagna, SCC CEO,...

WASHINGTON-Bankruptcy reform legislation could be on the table for consideration this fall, NAFCU Vice President of Legislative and Political Affairs Brad Thaler said. According to Thaler, the Senate's recent extension of the farm bankruptcy package through the end of the year has cleared the way for action of the full...

WASHINGTON - Arguing that the Office of the Comptroller of the Currency "has no evidence that national banks are engaged in predatory lending practices," Comptroller of the Currency John Hawke said the Georgia Fair Lending Act does not apply to national banks. At the same time, Hawke proposed a new...

Capital Communications FCU Director James Thomas literally ran toward his 50s and hasn't stopped since. "I guess what happened was sort of like a midlife crisis," said Thomas. "I was doing a lot of traveling for my job, was getting rotund and as an ex-Marine I knew I had to...

Credit Union

Following Louisiana's Hurricane Lili in October 2002, CUNA Vice President of Information Services Dave Klavitter was on the scene as the storm subsided. Klavitter was one of 14 public relations volunteers of more than 3,000 total volunteers for the American Red Cross, which was assisting in the clean up. It...

CAMBRIDGE, Mass. - Credit unions score well at the top of the financial heap-and above banks-when it comes to winning public trust on consumer advocacy, according to a new study by Forrester Research Inc. A July report covering a survey of a million U.S. consumers issued by Forrester, a Cambridge,...

WAYNESBORO, Va. -Given the reactions of other states' bankers associations to their state-chartered credit unions' field-of-membership expansions, Gerald Hershey, president/CEO, DuPont Community CU saw the Virginia Bankers Association's challenge of his credit union's approved FOM expansion last year by the Bureau of Financial Institutions as being `almost a sure thing.'...