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WASHINGTON-In a press event following the Federal Deposit Insurance Corporation Board meeting last week, the federal banking regulators announced an interagency effort to streamline their regulations. While the announcement was mainly for the bankers, as vice chair of the Federal Financial Institutions Examination Council, NCUA Chairman Dennis Dollar was in...

SAN DIMAS, Calif. - In another indication of credit unions' interest in serving small businesses, four credit unions in the Los Angeles, Calif.-area became authorized Small Business Administration lenders last month after completing a pilot SBA 7(a) lending training program designed and facilitated through a collaborative effort of the Los...

SALEM, Ore. - The state House overwhelmingly passed a public funds bill to allow credit unions to accept deposits from a variety of public entities. The vote was 51 to 5. Senate Bill 331 now goes to Gov. Ted Kulongoski's desk for his signature. He has five days after receiving...

ITHACA, N.Y. - The livable wage study produced by Alternatives Federal Credit Union continues to gain momentum and popularity among employers here who are increasingly looking to it as a guideline for determining salaries above and beyond the traditional minimum wage. This was the sentiment at a June 2 conference...

South Division Credit Union, Evergreen Park, Ill., President/CEO Geraldine M. Burek has been elected Illinois Credit Union League board director. John Deere Community Credit Union, has elected the following officers to its board: Bob Kressig, chairman; Creston Van Wey, chief financial officer; Vicki Atkins, 1st vice chair; Jim Kacher, 2nd...

SEATTLE-Another credit union has converted to a mutual savings bank. This one has been in the works for some time, and Credit Union Times has already reported on it, but now it's official. The $140.5 million state chartered Credit Union of the Pacific has completed the process of converting to...

VIENNA, Va. - Eight months into a Deposited and Returned Truncated Check (DRTC) pilot study being conducted by NACHA - The Electronic Payments Association, Navy FCU is still the only credit union participating. In fact, only four financials have volunteered to be part of the pilot. That doesn't surprise Don...

Robins Federal Credit Union, Warner Robins, Ga., staffers have donated their time to students in an underserved area. Employees took part in the Reading Coalition at Lindsey Elementary and read over 89 hours, reading to a total of more than 100 students throughout the 2002-2003 school year. The goal of...